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Red Bull fills sponsorship void with new crypto partner Gate.io
© XPB Phillip van Osten
10/02/2025 at 13:1910/02/2025 at 13:00 Red Bull Racing has announced a multi-year sponsorship deal with cryptocurrency firm Gate.io, filling the void left by the departure of the team’s previous crypto partner, Bybit. The agreement, set to commence ahead of the 2025 Formula 1 season, marks a significant collaboration between two entities renowned for their commitment to cutting-edge technology and innovation. Talks between Red Bull and Gate.io began after it became clear that Bybit’s three-year contract –reportedly worth a hefty $150 million – would not be renewed. The team has now confirmed its new partnership, describing it as a "major...
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