Red Bull F1 Team Signs $150 Million Sponsorship Agreement with Bybit

Home / Red Bull F1 Team Signs $150 Million Sponsorship Agreement with Bybit

The Red Bull energy drink maker’s F1 team has signed a $150 million sponsorship agreement with Singapore-based cryptocurrency exchange Bybit.
The sponsorship contract is for three years.
Bybit will also handle the issuance of fan tokens for the team. In addition, the companies will work together on a range of projects, from promoting cryptocurrency literacy to promoting green technology.

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