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Brown hails Red Bull's mammoth F1 sponsorships
Feb.23 It is 'great' that Red Bull is raking in the millions as a result of Max Verstappen winning the 2021 world championship. The energy drink owned team has signed two major sponsorship deals ahead of the 2022 season – with cloud computing company Oracle and Singapore-based cryptocurrency exchange Bybit. Forbes claims the Bybit deal is worth $150 million over three years, while the Associated Press said the Oracle title sponsorship is costing the company half a billion US dollars over five years. 'It's great that such huge companies are joining Formula 1,' said McLaren supremo Zak Brown. 'I can't say if those dollar amounts are accurate, but it's fantastic for the sport to bring...
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