Shin Young-su, CEO of CJ Logistics, Elected President of Korea Automobile Racing Association
Three-Year Term... "Strengthening the Competitiveness of Korean Motorsports"
"Transforming into a Spectator-Friendly Popular Sport and Business Platform"
Shin Young-soo, CEO of CJ Logistics, has been appointed as the new president of the Korea Automobile Racing Association, leading the domestic motorsports industry. His term will last for three years until 2027.
According to CJ Logistics on the 28th, President Shin plans to enhance the promising driver development system and race referee training system during his term to popularize motorsports. To increase the investment value of the motorsports industry, an international standard Environmental, Social, and Governance (ESG) management system will also be introduced.
The CJ Group began sponsoring the association in 2011, and since 2016, CJ Logistics has been solely responsible for the sponsorship. CJ Logistics also serves as the title sponsor of the Superrace, the top domestic automobile racing competition. Last year, to strengthen the recognition of its integrated delivery brand 'O-NE,' the competition name was changed to the 'O-NE Superrace Championship.'
CJ Logistics explained that it started sponsoring motorsports to enhance its image as a 'global innovative technology company.' They focused on the commonalities between motorsports and the logistics industry, such as 'speed' and 'technological innovation.' Just as racing machines maximize performance through continuous technological innovation, CJ Logistics emphasized that it is leading industrial innovation by integrating artificial intelligence (AI), robotics, and big data technologies to improve the speed and efficiency of logistics services.
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President Shin said, "We will develop motorsports into a spectator-friendly popular sport that the public can easily enjoy and a business platform that attracts companies. Through excellent race personnel training and industrial system improvement, we plan to further strengthen the competitiveness of Korean motorsports."
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