News Details
Red Bull loses $150 million partnership but secures new sponsors
©RedBull Phillip van Osten
03/01/2025 at 10:5403/01/2025 at 11:11 Red Bull Racing's partnership with cryptocurrency platform Bybit has officially come to an end ahead of the 2025 Formula 1 season. The three-year deal, valued at $150 million, was one of the most prominent sponsorships in the team's portfolio, second only to the title sponsorship by Oracle. The deal, which began in 2022, concluded naturally after the 2024 season, with the Dubai-based crypto company opting not to renew it deal. A Successful Three-Year Partnership Bybit's collaboration with Red Bull Racing began as part of the growing wave of cryptocurrency involvement in Formula 1. Over the course of the partnership, Bybit's...
Full Story »
Full Story »
You May Also Be Interested In...
Red Bull loses major sponsor amid brand partnership...
Red Bull has cut ties with long-term crypto sponsor Bybit ahead of the...
2d ago from MotorsportWeek.com
Red Bull parts ways with $150 million sponsor
A three-year deal reportedly worth $150 million has come to an end for Red...
2d ago from RacingNews365.com
Racing Bulls moves into ‘game-changing’ new aero...
Racing Bulls has begun moving into its new aerodynamic facility situated...
2d ago from MotorsportWeek.com
Helmut Marko reveals cost of Sergio Perez F1 exit to...
Red Bull advisor Helmut Marko has revealed that it cost several million...
3d ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP 2025 launch dates: When are teams revealing...
No description available...
44m ago from Motorsport.com
Bagnaia: My 2024 MotoGP campaign is level with...
No description available...
4h ago from Motorsport.com
Martin's big challenge: Emulating Rossi's 2004 win on...
No description available...
23h ago from Motorsport.com
Di Giannantonio will try to “annoy” Marquez and...
No description available...
1w ago from Motorsport.com
Popular On IndyCarToday.com
McLaren Racing has completed full acquisition of its...
McLaren Racing announced on Friday that it completed full acquisition of...
1d ago from MotorsportWeek.c...
McLaren Racing takes sole ownership of IndyCar program
No description available...
1d ago from Motorsport.com
IndyCar's top 5 storylines of the 2024 season
No description available...
4d ago from Motorsport.com
Counting down the top five best IndyCar races of 2024
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
Sainz suffers rollover in crucial 48-hour Dakar stage
No description available...
2h ago from Motorsport.com
Al-Attiyah calls for changes to Dakar format after...
No description available...
18h ago from Motorsport.com
Sainz struggles in "very difficult to guess"...
No description available...
19h ago from Motorsport.com
Dakar 2025, Stage 1: Mini overhauls Toyota as Ford,...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
Arsenal injury, suspension list and return dates for...
Sports Mole rounds up all of Arsenal's latest injury and suspension news...
54m ago from SportsMole.co.uk
Brighton 1-1 Arsenal: Another mad decision, but...
Match report – Player ratings – Arteta reaction – Video...
2h ago from Arseblog.com
'I have never seen something like this in my life' -...
No description available...
3h ago from SportsKeeda.com
'Key target' decided: Arsenal ready to move for...
Arsenal are reportedly making Newcastle United striker Alexander Isak a...
1h ago from CaughtOffside.com
Comments
Hottest News
Ferrari facing LOSS after key exit prompts Hamilton setback
Ferrari Formula 1 team are facing a potential... Read More »
2h ago from GPFans.com
Ferrari settles Lewis Hamilton’s F1...
Ferrari has settled Lewis Hamilton’s... Read More »
54m ago from MotorsportWeek.com
David Coulthard picks ‘favourites' for 2025 F1 title...
Former Formula 1 driver David Coulthard has... Read More »
2h ago from MotorsportWeek.com
