M&T Bank will be a sponsor of the inaugural Baltimore Grand Prix, race organizers announced this morning.
M&T becomes the first bank to join as a sponsor and the deal includes signs on the race course and green flags to be given to fans near the start/finish line, among other promotions.
"We are very excited to have M&T Bank as one of our sponsors," Jay Davidson, president and CEO of the Baltimore Grand Prix, said in a news release. "This partnership is significant as it ties one of our leading institutions into this new and exciting event for our city."
Race weekend is scheduled for Labor Day weekend (Sept. 2-4). The two-mile race course will weave its way around the Inner Harbor and the stadium complexes. The weekend will include races in the American Le Mans Series and IndyCar Series.
"The race is going to bring excitement, national visibility and robust economic development to Baltimore and M&T wants to be a part of supporting that," Atwood "Woody" Collins III, president of M&T Bank's Mid-Atlantic division, said in a news release. "We're looking forward to helping make this inaugural event a big success and a yearly event that brings pride to the community. "
M&T is also donating 50 tickets to the Sept. 2 race to local non-profit organizations.
Work has begun on the course and earlier this week the first race course barriers went up.