Cornerstone Asset Managers Bankrolls Mukula Rally Team with Shs40M Sponsorship

By Kenneth Kazibwe | Saturday, March 7, 2026
Cornerstone Asset Managers Bankrolls Mukula Rally Team with Shs40M Sponsorship

Mukula Rally Team is geared up for the 2026 National Rally Championship after securing a Shs40 million sponsorship from investment management firm, Cornerstone Asset Managers.

The sponsorship was unveiled during a ceremony at the company’s offices in Ntinda.

“As a company, we have observed the team’s performance over the past year. Their ambition and drive convinced us that this is a partnership we had to be part of,” said Simon Mwebaze. “We aim to promote financial discipline and connect it with the sport of rallying. We hope Mukula Rally Team will shine this season and carry our flag high, inspiring Ugandans to embrace investment.”

Brian Alinda, added that while the company has previously supported other sports, this marks its entry into motorsport.

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“We are thrilled to venture into motorsport. Our vision is to show that sports and investment go hand in hand. Through this partnership with Mukula Rally Team, and their participation in the National Rally Championship, Clubman Rally Championship, and Africa Rally Championship, we hope to tell a compelling Ugandan story. We believe our Cornerstone narrative will resonate nationwide, promoting both sports and investment,” Alinda said.

A big boost

Michael Mukula Jr hailed the sponsorship as a major boost ahead of the new rallying season, which kicks off on March 27 with the Mbale City Rally.

“Cornerstone Asset Managers are supporting both me and my dreams. Having people believe in your struggles speaks volumes about your efforts. This partnership strengthens both our brands, and I thank Cornerstone for backing us,” Mukula Jr said.

He also encouraged Ugandans to invest in Cornerstone Asset Managers as a way of supporting motorsport in the country.

“Our goal for every championship is to win. Our past performances reflect our ambitions, which remain strong. Support from Cornerstone Asset Managers makes us even more determined, and our competitors should be on alert,” he added.

The general secretary of the Federation of Motorsport Clubs of Uganda (FMU) Reynolds Kibira-Kadok described the sponsorship as a significant endorsement for motorsport in Uganda.

“For us, moments like these are special—not just for drivers but for the growth of the sport overall. Corporate partnerships signal that sport is evolving and that the corporate world believes in it,”Kibira said.

 

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