Press Release

The MotorHub Saxo Bank AutoX Championship series ends with a bang as motorsport fans race for top spot

The MotorHub Saxo Bank AutoX Championship 2021, a certified tournament series for supercar owners and motor racing enthusiasts from across the UAE, came to a thrilling conclusion with the series' final round at Yas Marina Track in Abu Dhabi, with Ibrahim Abouelgheit, driving a Porsche 911 Turbo S, sealing first place with a 1.27.19-minute race. 

The MotorHub, an organization dedicated to promoting and expanding a Car Club Culture in the UAE, honoured the winners of the high-octane championship at the official prize-giving ceremony held on December 6 at the Lotus Cars Dubai Showroom – the automotive partner of the 2021 season.

Commenting on the successful running of the event, Damian Hitchen - CEO MENA at Saxo Bank, said: “It was a pleasure to collaborate with the MotorHub for the first AutoX Championship, which was a spectacular event that brought together numerous motor racing enthusiasts from across the UAE to put their skills to the test. The turnout for the event was overwhelming, and we look forward to seeing the event go further in the new year.”

The finale, organized after the UAE leadership's decision to relax COVID-induced restrictions, allowed the championship to stay true to its competitive nature by providing drivers a third circuit to compete on in the UAE's two largest Emirates – Abu Dhabi and Dubai – and demonstrated that the UAE had successfully navigated the pandemic phase.

The championship's last round had the same intensity as the previous rounds, with drivers taking to the track for one last chance to either consolidate their standing or steal a last-minute win and improve their rank on the 2021 leader board. Based on a point scoring system, similar to Formula 1, each race awarded them points ranging from 25 for first place to 18 for the second, 15 for third, and 1 point for tenth place.

Ibrahim Abouelgheit in his Porsche 911 Turbo S (AWD Category) has maintained an unbeatable 1st place run in all 5 rounds, followed by Chehade El Kahi in his Porsche 911 GT3 RS (RWD Category) with 111 Points, due to fierce competition put up by RWD category 2nd place contender Johnny Khazzoum (Porsche 911 GT3 RS / RWD Category) with 101 points.

Rawi Tayah, driving a Renault Clio RS in the FWD category, finished third overall with 100 points, while Alexander Ignatov, driving a Tesla Model 3 (Electric Vehicle EV category), finished fourth overall with 86 points. 

In the All-Wheel Drive (AWD) category, winning by accumulated driver points, Ibrahim Abouelgheit came first with record 125 points while Samer Abdel Malak, driving a Mercedes-AMG A45 S, came second with 81 points.  Also driving a Porsche 911 Turbo, Murat Binici finished at the podium with 63 points.

Chehade El Kahi (Porsche 911 GT3 RS) took top place in the Rear-Wheel Drive category with 111 points, followed by Johnny Khazzoum (Porsche 911 GT3 RS) in second place with 101 points. With 67 points, Rudy Khoubbieh, driving a Toyota GT 86, finished third.

Rawi Tayah and Raad Haddad competed in the Front-Wheel Drive category, with the former driving a Renault Clio RS to victory with 100 points, forcing the latter to settle for second place with only 58 points. He was driving a Volkswagen Golf GTI.

In the EV category, the newest addition to the competition, Ignatov – Tesla Model 3 – took first place with 86 points, followed by Michael Geldart – also driving a Tesla Model 3 – in a close second place with 83 points, and Kyle Weber – Fiat 500E – in third place with 63 points.

Round 5 saw fierce competition for the top three overall best times, with 1st, 2nd, and 3rd place overall separated by less than a tenth of a second (0.10 seconds). Ibrahim Abouelgheit (AWD) took first place in 1.27.19 minutes, followed by Chehade El Kahi (RWD – Porsche 911 GT3 RS) in 1.27.27 minutes, and Samer Abdel Malak (AWD – Mercedes-AMG A45 S) in 1.27.36 minutes. 

Meanwhile, the overall championship witnessed an overwhelming presence of the Porsche 911 model range dominating the top 10 competitors with 6 cars.

Lasse Lilholt

Global Head of Communications & PR

+45 3977 63 44 
press@saxobank.com

About the Saxo Bank Group

Saxo Bank is a leading Fintech specialist that connects people to investment opportunities in global capital markets. As a provider of multi-asset trading and investment, Saxo Bank’s vision is to enable people to fulfil their financial aspirations and make an impact. Saxo’s user-friendly and personalised platform experience gives investors exactly what they need, when they need it, no matter if they want to actively trade global markets or invest into their future.

Founded in 1992, Saxo Bank was one of the first financial institutions to develop an online trading platform that provided private investors with the same tools and market access as professional traders, large institutions, and fund managers. Saxo combines an agile fintech mindset with close to 30 years of experience and track record in global capital markets to deliver a state-of-the-art experience to clients. The Saxo Bank Group holds four banking licenses and is well regulated globally. Saxo offers clients around the world broad access to global capital markets across asset classes, where they can trade more than 71,000 instruments in over 26 languages from one single margin account. The Saxo Bank Group also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients via its open banking technology.

Headquartered in Copenhagen, Saxo Bank’s client assets total more than 100 bn USD and the company has more than 2,500 financial and technology professionals in financial centers around the world including London, Singapore, Amsterdam, Shanghai, Hong Kong, Paris, Zurich, Dubai and Tokyo. For more information, please visit: http://www.home.saxo/en-mena.


Boulevard Plaza, Tower 1, 30th floor, office 3002
Downtown, P.O. Box 33641 Dubai, UAE

Contact Saxo

Select region

UAE
UAE

Trade responsibly
All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

Saxo Bank A/S is licensed by the Danish Financial Supervisory Authority and operates in the UAE under a representative office license issued by the Central bank of the UAE.

The content and material made available on this website and the linked sites are provided by Saxo Bank A/S. It is the sole responsibility of the recipient to ascertain the terms of and comply with any local laws or regulation to which they are subject.

The UAE Representative Office of Saxo Bank A/S markets the Saxo Bank A/S trading platform and the products offered by Saxo Bank A/S.