{"id":57979,"date":"2022-02-17T14:42:39","date_gmt":"2022-02-17T12:42:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=57979"},"modified":"2025-09-04T14:25:11","modified_gmt":"2025-09-04T11:25:11","slug":"bybit-becomes-sponsor-of-red-bull-racing-in-formula-one","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bybit-becomes-sponsor-of-red-bull-racing-in-formula-one\/","title":{"rendered":"Bybit becomes sponsor of Red Bull Racing in Formula One"},"content":{"rendered":"<p>The cryptocurrency exchange Bybit announced a three-year sponsorship deal with the Red Bull Formula One team.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\ud83c\udfc1 A new chapter begins.<\/p>\n<p>\ud83d\udce3 Announcing our partnership with 4x World Champions, Oracle Red Bull Racing <a href=\"https:\/\/twitter.com\/redbullracing?ref_src=twsrc%5Etfw\">@RedBullRacing<\/a>!<\/p>\n<p>\ud83c\udfce A next level partnership \ud83d\udcaa <a href=\"https:\/\/twitter.com\/hashtag\/RaceToTheNextLevel?src=hash&#038;ref_src=twsrc%5Etfw\">#RaceToTheNextLevel<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/F1?src=hash&#038;ref_src=twsrc%5Etfw\">#F1<\/a> <a href=\"https:\/\/t.co\/YGbPKtSddY\">pic.twitter.com\/YGbPKtSddY<\/a><\/p>\n<p>\u2014 BYBIT \ud83e\udd8d (@Bybit_Official) <a href=\"https:\/\/twitter.com\/Bybit_Official\/status\/1493888022819086337?ref_src=twsrc%5Etfw\">February 16, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bybit will become the team&#8217;s principal partner, to be introduced immediately after the title sponsor, the IT giant Oracle. According to CoinDesk sources, over the next three years the platform will allocate Red Bull $150 million.<\/p>\n<p>Bybit will take on the task of issuing fan tokens, supporting initiatives to raise awareness of digital assets. In addition, the exchange will be a partner of the team in the tech incubator on sustainability and as the exclusive intermediary for cryptocurrency trading.<\/p>\n<p>Earlier in February, Binance <a href=\"https:\/\/u1f987.com\/en\/news\/binance-partners-with-bwt-alpine-formula-1-team\">announced<\/a> a partnership with the BWT Alpine Formula One team.<\/p>\n<p>Earlier, the FTX exchange <a href=\"https:\/\/u1f987.com\/en\/news\/ftx-becomes-sponsor-of-mercedes-amg-petronas-formula-one-team\">entered into a sponsorship agreement<\/a> with Mercedes-AMG Petronas, and the blockchain project Velas Network <a href=\"https:\/\/u1f987.com\/en\/news\/velas-project-token-rises-nearly-13-amid-ferrari-partnership\">became a premium partner<\/a> of the legendary Scuderia Ferrari.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Bybit announced a three-year sponsorship deal with the Red Bull Formula One team.<\/p>\n","protected":false},"author":1,"featured_media":57980,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1151,828],"class_list":["post-57979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bybit","tag-sports"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=57979"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57979\/revisions"}],"predecessor-version":[{"id":57981,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/57979\/revisions\/57981"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/57980"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=57979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=57979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=57979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}