Saudi Motorsport Company, also known as SMC, is a state-owned entity headquartered in Saudi Arabia. Founded in 2021, the company operates with an estimated 330 employees. Specializing in spectator sports, SMC functions as the dedicated commercial and operational entity established to unify the Kingdom of Saudi Arabia’s motorsport events. It also serves as the first public body in Saudi Arabia focused on commercializing motorsport at a national level.

Revenue

Founded

2021

Headcount

321

Headquarters

Saudi Arabia

Primary Segment

Spectator Sports

Ownership

State Owned

News Summary:

On April 22, 2026, Saudi Motorsport Company (SMC) and Extreme H announced a strategic commercial partnership aimed at driving innovation in sustainable technologies and reinforcing Saudi Arabia’s position as a global motorsport hub. This follows Jeddah hosting the E1 World Championship, an electric powerboat racing event on its Red Sea waterfront, and Formula E's return to the Jeddah Corniche Circuit under floodlights on February 24, demonstrating the city's capacity to host multiple top-tier events in quick succession. Earlier, on February 17, Formula E began exploring plans with Saudi Arabian authorities to adopt an extended configuration of the Jeddah Corniche Circuit from the start of its Gen4 era in 2026/27. Formula E relocated to Jeddah in 2025, designing a shorter 3km layout that bypassed sections of the full Formula 1 track, after its previous site in Diriyah became unavailable due to construction work.
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Saudi Motorsport Company (SMC) has suppliers like MotoGP Sports Entertainment Group.

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Saudi Motorsport Company (SMC) currently holds broadcasting rights for sports competitions including motorsports.

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