Overview
Director – Corporate Sponsorship – Asset Management – CDU Jobs in Riyadh, Saudi Arabia at Qiddiya Investment Company
Position: Director – Corporate Sponsorship – Asset Management – 20000600 CDU8
Overview
As part of Qiddiya City’s development pipeline, Qiddiya Investment Company is advancing a major motor sport portfolio expected to be one of the most significant asset groups in the pre-2030 period, including Speed Park Track, Speed Park Buildings, Motorsport Park, Motorsport Experience Centre, Exclusive View Lounge, Iconic Cliff Loop, and Speedplex. With operator selection and business plans now being finalised, the Executive Director – Motorsport Asset Management will play a critical owner-side role in shaping the operating model, protecting long-term value, and positioning the portfolio for successful mobilisation ahead of Formula 1 in 2028.
The motor sport portfolio is expected to be a significant commercial contributor from 2028 onwards. The Executive Director will work across Strategy, Development, Finance, Operational Readiness, Commercial, and external operators to optimise performance, govern operator delivery, and ensure QIC retains control over revenue strategy, brand positioning, event calendar, partnerships, customer experience, and long-term value creation.
Key Responsibilities
- 1. Strategic Leadership
- Lead the owner-side asset management strategy for the motor sport portfolio in alignment with QIC’s objectives, pre-opening priorities, and long-term value creation agenda.
- Define strategic objectives, commercial frameworks, and operating principles for experiences, events, venues, and ancillary revenue streams across the portfolio.
- Support operator selection, business plan challenge, and operating model development to ensure QIC retains decision-making authority over key commercial and brand levers.
- 2. Relationship Management
- Build and maintain effective relationships with internal stakeholders, third-party operators, advisors, governing bodies, and commercial partners.
- Act as the key owner-side point of contact on operational, commercial, and asset performance matters across the motor sport portfolio.
- Ensure strong collaboration across Development, Strategy, Finance, and Operational Readiness to integrate asset management requirements through design, mobilisation, and pre-opening.
- 3. Performance Monitoring
- Oversee operator performance across the motor sport portfolio, ensuring delivery against contractual obligations, KPIs, SLAs, and QIC strategic objectives.
- Establish and monitor performance dashboards covering revenue, profitability, utilisation, event delivery, customer experience, safety, compliance, and readiness milestones.
- Lead regular performance reviews, audits, and corrective action plans to drive continuous improvement and protect long-term value.
- 4. Financial Oversight
- Review and challenge operator business plans, budgets, and forecasts to ensure commercial robustness and alignment with owner expectations.
- Drive achievement of financial targets, with a focus on sustainable revenue growth and EBITDA delivery across the portfolio.
- Analyse operating data and financial results to identify upside opportunities, performance risks, and value enhancement initiatives.
- Support reporting and recommendations for executive stakeholders on asset performance, commercial outlook, and investment implications.
- 5. Customer Experience
- Champion best-in-class customer experience across motor sport events, attractions, hospitality, premium viewing, and venue journeys.
- Ensure customer experience requirements are embedded into operator mobilisation, design-stage input, and readiness planning.
- Monitor customer satisfaction and guest performance metrics, ensuring experiences are commercially compelling, safe, and brand-consistent.
- Support customer experience standards across permanent attractions and major event periods, including Formula 1 readiness.
- 6. Commercial, Marketing and Partnerships
- Work with internal and external stakeholders to optimise revenue, partnerships, sponsorship, branding, and IP monetisation across the motor sport portfolio.
- Shape event calendar strategy and experience mix to maximise visitation, yield, market positioning, and repeat demand.
- Monitor market trends, benchmark competing venues and experiences, and identify strategic growth opportunities.
- 7. Team Leadership
- Build and lead a high-performing owner-side motor sport asset management capability aligned with portfolio priorities and mobilisation requirements.
- Coordinate closely with operator teams while avoiding duplication of delivery roles and ensuring QIC capability and institutional knowledge are strengthened over time.
- Mentor team members and foster a high-performance, commercially focused asset management culture.
- Provide owner-side leadership on mobilisation, governance, and escalation of key risks and decisions.
Essential Duties and Responsibilities
- Lead the development and implementation of the Motorsport Asset Management framework for Qiddiya’s motor sport assets, including setting, monitoring, and periodically refining strategic, operational, commercial, and financial priorities.
- Revenue growth, EBITDA, operating margin, revenue per visitor, event…
Title: Director – Corporate Sponsorship – Asset Management – CDU
Company: Qiddiya Investment Company
Location: Riyadh, Saudi Arabia
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