Red Bull plug $150m sponsorship hole with rival crypto firm

Red🥂 Bull secures fr🐭esh sponsorship with crypto firm ahead of F1 2025.

It's bye bye Bybit, hello Gate.io for Red Bull
It's bye bye Bybit, hello Gate.io for Red Bull

The Red Bull F1 team have ꧂confirmed a multi-year sp🍸onsorship agreement with cryptocurrency firm Gate.io. 

Red Bull had been seeಞking a replacement to fill the sponsorship void left by Bybit, a💧 deal which concluded at the end of last year.

That has now been filleᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚd by rival cryptocurrency firm ahead of the upcoming 2025 campaign.

Red Bull’s three-year deal with Bybit was r⛦eported to be worth $150mil𝄹lion.

's branding will feature on Red Bull’s 2025 challenger - the RB21 - as well as team kit and driver and pit crew race suits. It will also adorn 168澳洲幸运5官方开奖结果历史:Max Verstappen’s helmet.

Red Bull says the collaboration marks a “major milestone in uniting two industry leaders, both recognised for their relentless pursuit of performance, innovation anဣd cutting-edge technology”.

was founded in 2013, making it one of the world’s earliest and most established cryptocur🍸rency agencies.

The firm continues to “push the boundar🐼ies of blockchain infrastructure, optimising speed🐻, security, and scalability to support the next generation of crypto-exchange technology”, say Red Bull.

Red Bull t🐈eam principal Christian Horner said: “We are very excited to welcome Gate.io to the Team. Gate.io are a brand that very much share Oracle Red Bull Racing’s passion to exist at the forefront of technological innovation.

“Together, we look forward to building a more immersive and unique connection with🗹 the Team for fans around the world and to work🐲ing with a like-minded partner that isn’t afraid to disrupt the status quo.”

Dr. Lin Han, founder and CEO of Gate.io, added: "At Gate.io, we believe that innovation and performance go hand in hand—whether in blockchain or on the racetrack. Just as Oracle Red Bull Racing pushes the l🎀imits of engineering, we are continuously advancing blockchain technology to bring greater transparency, speed, and efficiency to digital finance.

“This partnership comes at a time when blockchain is moving beyond finance, and we're excited to explore ne💦w ways it can intersect with global industries like motorsport."

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