Red Bull parts ways with $150 million sponsor

A three-year deal reportedly worth $150 million has come to an end for Red Bull.

02 January 2025

Red Bull's three-year sponsor deal with cryptocurrency firm Bybit has appeared to end after it was removed from the team's official sponsors list. Bybit signed a deal with the Milton Keynes-based squad ahead of the 2022 season, with it believed to be worth $50 million USD (£40.2 million GBP) per year, meaning the total cost over the length of the contract was $150 million USD. The team's title sponsorship with US technology company Oracle, worth up to $100 million per year remains unaffected. RacingNews365 understands that Bybit and Red Bull Racing had been discussing a new contract, but could not reach a deal. Towards the end of the 2024 season, Red Bull announced the arrival of two new sponsors in Avatrade and Neet, with a raft of further sponsors expected to be added before the 2025 season gets underway.

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