News Details
Red Bull sign a $150-Million Crypto tie-up with Bybit
Red Bull have signed a multi-year partnership with cryptocurrency exchange Bybit in what the Formula 1 team said was the largest annual crypto tie-up in international sport so far. The Milton Keynes-based team did not reveal a deal value in their statement issued on Wednesday but an informed source said it was worth $150-Million over three years with Bybit becoming the squad's 'principal team partner', a newly-created tier second only to 'title partner.' The Bybit deal comes after Red Bull unveiled software giant Oracle as their title sponsor last week in a deal sources told Reuters was worth $300 million over five years. The two together add up to $110 million a year, covering a...
Full Story »
Full Story »
3y ago from GrandPrix247.com
0
You May Also Be Interested In...
Red Bull signs ‘largest cryptocurrency deal in...
Red Bull Racing says it has signed the most lucrative cryptocurrency...
3y ago from MotorsportWeek.com
Red Bull Racing rakes in another multi-million dollar...
Red Bull Racing has signed another major sponsorship deal. From 2022, the...
3y ago from GPBlog.com
Red Bull secure another whopping sponsorship with Bybit
Red Bull are laughing all the way to the bank after Max Verstappen's 2021...
3y ago from PlanetF1.com
Red Bull announce record $150million deal
Red Bull has agreed a record-breaking deal with cryptocurrency exchange...
3y ago from GPFans.com
Elsewhere On The Network
Popular On MGPToday.com
Former F1 team principal Guenther Steiner set to take...
Former Haas Formula 1 team principal Guenther Steiner is finalising a...
1d ago from MotorsportWeek.c...
Guenther Steiner finalizing purchase of Tech3 MotoGP...
No description available...
1d ago from Motorsport.com
Why Alex Marquez isn't worried he’s tumbling out of...
No description available...
1d ago from Motorsport.com
‘At Balaton, MotoGP bikes might not even use fifth...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Corporation acquires one-third stake in IndyCar...
No description available...
2d ago from Motorsport.com
FOX acquires 33% stake in Penske Entertainment, IndyCar
Fox Corporation, parent company of broadcast company FOX Sports, has...
2d ago from MotorsportWeek.c...
Colton Herta: IndyCar at Laguna Seca is a...
IndyCar’s latest visit to Laguna Seca produced rave reviews from...
4d ago from MotorsportWeek.c...
Alex Palou will not play it safe in Portland to secure...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
WRC Rally Finland: Toyota locks out top five after...
No description available...
19h ago from Motorsport.com
Kalle Rovanperä leads five-driver Toyota lockout in...
Wet weather greeted the competitors on Saturday morning as the longest...
19h ago from MotorsportWeek.c...
Clash with WRC scrutineer earns Ott Tanak 5-min...
No description available...
1d ago from Motorsport.com
World Rally Champion claims “all hopes are lost”...
No description available...
17h ago from Motorsport.com
Popular On GunnersToday.com
Liverpool's interest in PL star could complicate...
Liverpool's interest in English defender Marc Guehi could be a major blow...
50m ago from SportsKeeda.com
Fabrizio Romano: Arsenal make contact to sign another...
Arsenal were thought to have turned their attention to sealing one or two...
1h ago from FreshArsenal.com
Real Madrid Transfer News Roundup: Liverpool eyeing...
Real Madrid are looking ahead to their pre-season tie against WSG Tirol at...
1h ago from SportsKeeda.com
Why did Arsenal step away from possible deal for...
Arsenal reportedly pulled out of the race for Alexander Isak this summer...
2h ago from SportsKeeda.com
Comments
Hottest News
Red Bull hit with PENALTY after FIA confirm rules breaches
Red Bull have been hit with a major rules breach... Read More »
2h ago from GPFans.com
Max Verstappen makes shock request after Red Bull horror...
Max Verstappen has made a request not many would... Read More »
5h ago from RacingNews365.com
Zak Brown makes brutal claim following Christian Horner...
The McLaren CEO has aired his true feelings on... Read More »
1h ago from RacingNews365.com
