F1 Gossip: Red Bull signs 'largest crypto deal' in sports
In the latest Formula 1 gossip column, Red Bull has signed a multi-year partnership with cryptocurrency exchange Bybit, reportedly worth $150 million, while Jenson Button has defended FIA race director Michael Masi.
- Red Bull has signed a new multi-year partnership with cryptocurrency exchange Bybit. (ESPN)
The deal is worth a reported $150 million - the largest crypto deal in sport currently according to the team.
The partnership comes after Red Bull’s had secured a new title sponsor in Oracle - a deal that’s worth $500 million over five years according to AP.
- 2009 F1 champion Jenson Button has defended FIA director Michael Masi for his handling of the Abu Dhabi Grand Prix (Daily Mail)
- The boss of the Nurburgring - Ingo Böder - has explained why there’s no German GP on the calendar (sport.sky.de)
"We don't see ourselves on equal footing with these states [Saudi Arabia, Qatar]. We have no big investers in the background who can spend that much money just for an F1 race".
- Former McLaren boss and current Aston Martin CEO Martin Whitmarsh believes guiding the British manufacturer to F1 title success would be the greatest achievement of his career.
He told Reuters: "For me, to see a great brand, Aston Martin, up on the top step of the Formula One podium will be incredibly satisfying. Frankly, that’s why I’m here."
- Carlos Sainz has spoken about the ‘positive atmosphere’ at Ferrari ahead of the new season.
In an interview with Corriere.it, he said: "Full of energy and positivity. I think last year's experience did us all good. In the corridors, I meet smiling and confident people. I don't see stress, I see the desire to do well."
