Lucid Group Inc (NASDAQ:LCID) majority owner— Saudi Arabia’s Public Investment Fund — has announced a multi-year partnership with Formula E. What Happened: Prince Mohammed bin Salman chaired PIF has entered into a multi-year partnership with Formula E, Extreme E and E1, the sovereign wealth fund said in a statement. The Electric 360 partnership is aimed at supporting the growth of electric motorsports. PIF sees holding leadership events, STEM initiatives, and community apprenticeship programs as part of the partnership. The financial details of the partnership are under wraps. “This one-of-a-k…
