{"id":406292,"date":"2022-02-16T13:28:38","date_gmt":"2022-02-16T10:28:38","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/red-bull-racing-scores-150m-sponsorship-with-bybit\/"},"modified":"2022-02-16T13:28:38","modified_gmt":"2022-02-16T10:28:38","slug":"red-bull-racing-scores-150m-sponsorship-with-bybit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/red-bull-racing-scores-150m-sponsorship-with-bybit\/","title":{"rendered":"# Red Bull Racing scores $150M sponsorship with Bybit"},"content":{"rendered":"<p>&#8220;<strong># Red Bull Racing scores $150M sponsorship with Bybit <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvN2NhMmI1ODAtYmQ5Yy00NzYzLTkwNmEtYmE1ZDM1OTY1ZWE2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>Following Red Bull Racing&#8217;s most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According to the announcement, the fee will be paid in a combination of fiat and BitDAO (BIT) tokens.<\/p>\n<p>The company announced that the partnership aims to broaden the F1 team&#8217;s fan engagement through its capabilities as a crypto exchange. Bybit will act as an issuer of fan tokens and as a tech incubator for Red Bull Racing as part of the deal. This means that the exchange will help the team distribute its digital asset collections and support its other initiatives, such as developing talent through the Red Bull <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">Technology<\/a> Campus in Milton Keynes.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"> A new chapter begins.<\/p>\n<p> Announcing our partnership with 4x World Champions, Oracle Red Bull Racing <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/redbullracing?ref_src=twsrc%5Etfw\">@RedBullRacing<\/a>!<\/p>\n<p> A next level partnership  <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/RaceToTheNextLevel?src=hash&amp;ref_src=twsrc%5Etfw\">#RaceToTheNextLevel<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/F1?src=hash&amp;ref_src=twsrc%5Etfw\">#F1<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/YGbPKtSddY\">pic.twitter.com\/YGbPKtSddY<\/a><\/p>\n<p>\u2014 BYBIT  (@Bybit_Official) <a rel=\"nofollow noopener\" target=\"_blank\" 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><br \/>\nRed Bull Racing&#8217;s CEO Christian Horner expressed his excitement for the partnership. According to Horner, Bybit shares the team&#8217;s &#8220;passion to exist at the forefront of technological innovation, to set the competitive pace and to disrupt the status quo.&#8221; He is also very delighted with Bybit\u2019s commitment to enhancing the experience of F1 fans through innovations in the digital space.<\/p>\n<p>Following this, Bybit&#8217;s cofounder and CEO also commented that their crypto exchange team connects with the core values of Red Bull Racing and how they changed the F1 <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> similarly to how digital assets are disrupting finance. Zhou says that Bybit has found our kindred spirit and the perfect harmony of speed, safety and reliability is everything our users are looking for on our platform.&#8221;<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Man United onboards Tezos as its official Web3 and training kit partner<\/em><\/strong><\/p>\n<p>A week ago, Bybit partnered with ramp service Cabital to offer crypto purchases using Euro (EUR) and British pound sterling (GBP). With this ramp infrastructure, Bybit\u2019s users can purchase crypto within their exchange platform with lower gas fees.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/red-bull-racing-scores-150m-sponsorship-with-bybit\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Red Bull Racing scores $150M sponsorship with Bybit &#8221; Following Red Bull Racing&#8217;s most recent wins at Formula One (F1), the racing team scores a three-year partnership with Singapore-based crypto trading platform Bybit for $50 million per year. According to the announcement, the fee will be paid in a combination of fiat and BitDAO&#8230;<\/p>\n","protected":false},"author":1,"featured_media":406293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDIvN2NhMmI1ODAtYmQ5Yy00NzYzLTkwNmEtYmE1ZDM1OTY1ZWE2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74860,80064,75385,74355,117],"class_list":["post-406292","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrency-exchange","tag-partnership","tag-sport","tag-adoption","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/406292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=406292"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/406292\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/406293"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=406292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=406292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=406292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}