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Red Bull secure another whopping sponsorship with Bybit
Red Bull are laughing all the way to the bank after Max Verstappen's 2021 championship victory, the team signing its second big sponsor in less than a week. Last week, launching the Red Bull RB18, Red Bull announced a new title sponsor in Oracle. The deal with the American tech giant is said to be worth $500 million over five years with the team now adding another $150m to the coffers. The team has joined forces with Singapore-based cryptocurrency platform Bybit in what is thought to be the largest per annum cryptocurrency sponsorship signed in the sporting world. 'I’m delighted to welcome Bybit to the Team,' said team boss Christian Horner. “It’s fitting too that, as we enter a new...
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2y ago from PlanetF1.com
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