Red Bull Seek New Cryptocurrency Partner

Marina Magomedova
21 Jan 2025
19:23
Red Bull Seek New Cryptocurrency Partner

The Red Bull team is on the lookout for a new cryptocurrency sponsor. Their previous contract with the crypto platform Bybit, which brought the team $50 million annually, ended in late 2024 and was not renewed.

Currently, Red Bull are in talks with another crypto platform, Gate.io. Details of the potential deal are yet to be revealed.

In 2025, Red Bull have already secured sponsorship agreements with broker Avatrade and video technology company Neat.

Earlier, Red Bull motorsport advisor Helmut Marko spoke with Speedweek about the conditions under which driver Max Verstappen could leave the team.

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