Zim to sponsor MF1 Racing

An Israeli shipping company called Zim is to sponsor MF1 Racing this year. The company will appear on the nose of the new M16 chassis. The company has plans to become a global shipping and logistics company. Zim is owned by the Ofer Brothers, some of the richest Israeli entrepreneurs, who are based in London. It is believed that the deal involves commercial deals between Zim and Alex Shnaider, the owner of Midland as both are heavily involved in shipping. Shnaider spent part of his youth in Israel and now owns the Dan Michzur metal recycling business based in Israel. Grandprix.com