Crimson Bull has bolstered its roster of sponsors after signing a multi-year take care of cryptocurrency trade Gate.io, which has develop into an unique associate of the Milton-Keynes squad.
After the group’s relationship with cryptocurrency platform Bybit ended on the shut of the earlier season, the six-time F1 constructors’ champions had a niche to fill.
“We’re very excited to welcome Gate.io to the group,” mentioned Crimson Bull group principal Christian Horner.
“Gate.io are a model that very a lot share Oracle Crimson Bull Racing’s ardour to exist on the forefront of technological innovation.
“Collectively, we sit up for constructing a extra immersive and distinctive reference to the group for followers world wide and to working with a like-minded associate that isn’t afraid to disrupt the established order.”
Gate.io branding will seem prominently on the RB21, Crimson Bull’s 2025 automotive, together with the nostril, headrest and the rear wing, an area Bybit beforehand occupied.
The brand new sponsor may even adorn group clothes and property and its brand will function on Max Verstappen’s helmet. Though, there isn’t any phrase on whether or not it should seem on Liam Lawson’s as properly.
Dr. Lin Han, founder and CEO of Gate.io added: “At Gate.io, we imagine that innovation and efficiency go hand in hand—whether or not in blockchain or on the racetrack.
“Simply as Oracle Crimson Bull Racing pushes the bounds of engineering, we’re constantly advancing blockchain expertise to deliver larger transparency, pace, and effectivity to digital finance.
“This partnership comes at a time when blockchain is transferring past finance, and we’re excited to discover new methods it might probably intersect with international industries like motorsport.”
