Zim new sponsor for MF1

MF1 Racing Zooms Ahead with Zim as Official Sponsor

MF1 Racing - the Formula One team owned and operated by Midland Group - is pleased to announce a partnership agreement with Zim Integrated Shipping Services, one of the world's largest container shipping companies. Zim's distinctive 'seven star' logo will appear on the Midland Toyota M16 throughout the 2006 World Championship season.

"Zim is a progressive, global company that we are proud to welcome as a team partner," said Colin Kolles, MF1 Racing's Managing Director. "Zim's core values - a commitment to excellence through quality, team work and efficiency, as well as their competitive orientation - parallel MF1 Racing's. This is a very good fit that will benefit both organizations."

"Zim's vision is to be a leading competitive global shipping and logistics company, setting high-level standards in the industry - a company with goals and values our employees and partners can identify with," stated Doron Goder, President & CEO of Zim Integrated Shipping Industries.

"In many ways, Formula One racing is a lot like shipping: it requires strategy, dedication and precision. For us, it is an excellent marketing platform. We believe that associating our company with a dynamic, motivated team such as MF1 Racing is a perfect way to raise Zim's brand profile globally."

Zim offers transportation services along most major international trading routes to customers throughout the world. Zim operates an intermodal system which combines sea, land, and air transportation, enabling the company to provide fast, reliable, frequent, and complete door-to-door services around the world.

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