BRB (Banco de Brasília) distributed VIP tickets to politicians, businessmen and clients to attend the F1 GP in São Paulo, which was held on Sunday (9). One of the winners was Antonio Rueda, president of União Brasil and a friend of Paulo Henrique Costa, president of the Public Bank of the Federal District Government.
Public Bank purchased tickets for the F1 Paddock Club, ensuring access to the most luxurious area of the race track and a unique view of the track.
When contacted, the Committee did not inform the BRB of the amounts spent, the number of tickets purchased, the people benefiting or the criteria used to select them. In October, the bank removed all public contracts from its website following a report by… Bound Regarding the use of a law firm to evaluate the potential losses of BRB in negotiations with Banco Master.
Ruwaida, in turn, stated that the invitation had nothing to do with party activity and was a usual courtesy. According to him, the tickets arrived through the BRB relations area and were addressed to him and his wife, Fleur, because they are clients of the bank, as well as their companies.
He added that there was no direct request to the bank president nor any institutional dealings.
In 2024, BRB spent R$3.2 million on purchasing tickets for the Formula 1 GP race in São Paulo, an amount that was published in the Official Gazette of the German Football Association two days before the race, a report in the newspaper O Estado de S.Paulo showed. The authority asked the bank to submit the contract or at least an extract from the contract as published by the bank last year, but it did not receive any response.
In a note, the bank says that “top clients and employees who received awards were invited in an internal incentive campaign” and that the bank’s relations actions “are aimed at strengthening the brand, promoting business, promoting products and expanding customer relationships.”
The Paddock Club package cost up to R$50,000 for the three days of the event for those who purchased it through the F1 website, according to a UOL report.
The rapprochement between Rueda, Costa and Governor Ibanes Rocha (MDB) became evident at the beginning of the year, when the president of União Brasil was appointed as one of those responsible for bringing together the BRB president and emedebista with Daniel Forcaro, owner of Master, during the negotiations for the purchase of the private bank by the public. After the central bank’s refusal, the business was no longer supposed to stop working.
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