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Red Bull secure lucrative new crypto sponsorship deal
Article To news overview © Red Bull Content Pool / Getty Images Red Bull Racing will have another new sponsor for their 2022 portfolio, as the team have signed a three-year deal with cryptocurrency trading platform Bybit. Having recently signed a mammoth new title sponsorship deal with US software company Oracle, Red Bull's already healthy sponsorship roster has been further bolstered by the arrival of Bybit. A source with knowledge of the deal told RacingNews365.com that the agreement is the single largest per-annum cryptocurrency sponsorship deal in international sport - worth $150 million dollars over the next three seasons. The deal means that four of the 10 Formula 1 teams now have...
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4y ago from RacingNews365.com
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