By Venessa Namusabi
The teamwork and stability at the Federation of Motorsport Clubs of Uganda (FMU) has started yielding fruits.
Afew days after Oscar Ntambi secured the KCB Bank Sponsorship, Mike Mukula Jr. has also on March6,2026 received sh40m sponsorship from Cornerstone asset Management Company.
The support is true assurance that the brand of motorsport and FMU in particular has stablise and worth partnering with.
This year Mukula dream is to win the 2026 Africa Rally Championship (ARC 2) and the National Rally Championship (NRC) silverwares.
The Asset management institution Managing director Simon Mwebaze handed over the sh40m to Mukula at the company’s head offices in Naguru assuring Mukula of Continued support as he continues to perform.

“Our dream is building a culture of savings and investment. And we are out to grow together with motorsport,” Mwebaze noted citing Mukula’s performance in the previous years as the behind their support.
Cornerstone joins KCB Bank as Mukula’s Partners for the ARC that has five rounds in Kenya, Uganda, Rwanda, Burundi and Tanzania.
Whereas Mukula jr. will this year opening round of the ARC in Kenya, his dreams of reclaiming the ARC2 title won in 2024 and winning this year’s National Rally Championship (NRC) are high.
“We are excited getting this support and as agrowing rally team we are committed to transparency and promoting our brand to grow together with Cornerstone Asset Management,” Mukula said.
This year’s NRC has 8 rounds with the opening round in Mbale on the weekend of March 26-28, 2026.The other rounds in Masaka, Tooro region in Kasese and Fort Portal, Gulu in Acholi Region, Soroti-Katakwi, The Pearl of Africa Uganda Rally in Mbarara, Kabalega rally in Bunyoro and MOSAC rally in central Region.
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