Red Bull have been dealt a significant financial blow ahead of the 2025 Formula 1 season, with cryptocurrency exchange Bybit ending their £119m sponsorship deal with the team. The partnership, which began after Max Verstappen's 2021 championship victory,

Max Verstappen may have won a fourth straight F1 drivers' title in 2024 but he spent much of the second half of the season complaining about how his Red Bull car felt

Red Bull and crypto exchange Bybit have parted ways after a three-year contract came to an end ahead of the 2025 season. The deal was worth £119million ($150m) in total, making the company one of the Milton Keynes-based team’s biggest financial backers.

Formula One season hasn't been kind to Red Bull, and the departure of Sergio Perez after four seasons marks a big change in the team. Max Verstappen, Perez's teammate, has been vocal about supporting Perez amid criticisms of his performance.

Red Bull made a mistake in placing Liam Lawson alongside Max Verstappen for F1 2025, as they “need” Yuki Tsunoda in that role. That is the warning issued by F1 steward and former Sky F1 pundit Johnny Herbert,