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BARCELONA, Spain (AP) — American-owned F1 team Haas dropped the sponsorship of Russian company Uralkali on its car on the final day of preseason testing in Barcelona where Mercedes and Red Bull were the fastest in action early Friday.
Schalke 04 have announced they will dump long-term sponsors Gazprom after Russia invaded Ukraine causing fears of unrest across Eastern Europe.
Red Bull have agreed a multi-year sponsorship deal with cryptocurrency company Bybit, with it set to become the largest deal of its kind in sport.
Although the headline figure has not been officially confirmed the arrangement is understood to be the largest per annum cryptocurrency sponsorship signed in any international sport.
Landon Cassill discusses his long journey towards becoming a professional racecar driver in the Fox Nation docuseries ‘Road to Daytona.’
STOCKHOLM : Software giant Oracle's title sponsorship agreement with the Red Bull Formula One team is worth about $300 million over five years, according to sources familiar with the deal.
Spotify is close to sealing a €280 million ($320 million) sponsorship deal with FC Barcelona. The streaming giant is in negotiations with the soccer team for the title rights on the redeveloped Camp Nou stadium, as well as the team's iconic jersey, according to the Guardian.
The Red Bull Formula One team has secured a new title sponsorship worth around $US500 million ($A700 million) with technology firm Oracle, placing it among the most lucrative commercial deals in sports.