Red Bull Racing signs $500m title sponsorship deal with Oracle

Credit: Red Bull Racing

Formula 1’s Red Bull Racing has signed a title sponsorship agreement with technology company Oracle.

The five-year deal is announced ahead of the start of the 2022 Formula 1 season, which begins on March 28. It means the team will now be known as Oracle Red Bull Racing, with its branding highly visible on the team’s newly launched car for the forthcoming campaign.

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