Most popular in the US, Cash App is a mobile application that allows you to manage your own finances, purchaಞse stocks or invest in Bitcoin - the most popu🌺lar cryptocurrency in the world.

Cash App’s logo will be branded on Red Bull’s RB16B from the Monaco Grand Prix onwards, while the new partnership will also serve as a tool to educate people o♔n how best to manage their finances and potential investment opportunities.

With F1 having a second race in the US from 2022 in Miami, Red Bull believes signing with the lead♔ financial app in the country will bring fresh eyes to the 💯brand as a whole.

Red Bull becomes🎐 the third F1 to enter the world of cryptocurrency - Aston Martin is partnered with Crypto.com, while McLaren teamed up with Turkish🐷 crypto firm Bitci.com in March.

Speaking of the announcement, Red Bull team principal Christian Horner said: “Since its inception Red Bull Racing has been a disruptor, challengi💜ng the status quo in Formula One and pushing technological boundaries to build the fastest possible F1 car.

“Cash App brings a similar ethos and drive to the world of🤡 personal finance, utilising technology to power quick, secure cash transfers, to buy and send Bitcoin, and to invest in stock🦹s.

“But what’s more, Cash App recognises the i𝐆mportance of financial education for its customers – something Formula One will come to understand even better under the new fina🌊ncial regulations – and we are therefore delighted to welcome Cash App as the Team’s latest partner.”

Catherine Ferdon, Head of Marketing & Brand at Cash App added: “We’ve been longtime fans 🐲of racing at Cash App, and with the recent announcement of the Miami Grand Prix being added to the 2022 race calendar, it is clear that the US is a priority for Formula One. As the leading financial app in the US, we are thrilled t🐎o bring our Cash App customers into the Red Bull Racing Honda family.”