PANews reported on February 10 that according to official news, Gate.io, the world's leading cryptocurrency exchange, announced that it has become the official sponsor of Oracle Red Bull Racing in Formula 1. This cooperation reflects the common pursuit of both parties in the fields of innovation and technology, and is an important symbol of the cooperation between the two industry giants.
Starting from the 2025 season, Gate.io's brand logo will appear in several key locations of the F1 Red Bull Racing team, including the rear wing, nose wing, headrest, wheel hub cover, chassis and team racing suits, as well as the helmet of F1 four-time champion Max Verstappen. The two parties will work together to explore innovative areas of integration of digital finance and motorsports.
Christian Horner, CEO of the F1 Red Bull Racing Team, said that the cooperation with Gate.io will bring a new experience to fans, and Dr. Han Lin, founder and CEO of Gate.io, also pointed out that the two parties will jointly make breakthroughs in technological innovation and promote the expansion of blockchain technology to a wider range of fields.
Through this partnership, Gate.io aims to accelerate the adoption of blockchain technology around the world, leveraging the global influence of the F1 Red Bull Racing team and its huge fan base to bring digital finance, Web3 and blockchain solutions to a wider audience.
