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Red Bull retains Exness backing for 2016 F1 season

Red Bull Racing has agreed a one-year extension to its sponsorship agreement with retail foreign exchange broker Exness.

The new contract means Exness will continue to back Red Bull in the 2016 season of the Formula One motor racing championship.

Exness will continue to be featured prominently on the cockpit surrounds of the RB12 car.

Red Bull Racing team principal Christian Horner said: “We share similar principles with Exness, as a team, our approach is to do things differently, with a strong commitment to quality and excellence and we look forward to our extended partnership during the upcoming season.”

The deal has been agreed ahead of this weekend’s season-ending Abu Dhabi Grand Prix. Red Bull has endured a difficult 2015 campaign and currently sits fourth in the constructors’ championship, 75 points behind third-placed Williams.