Formula 1: Oracle (cloud computing), title sponsor of Red Bull Racing for $300m over 2022-2026

Oracle, a US company specialised in cloud computing solutions, has extended its partnership with Red Bull Racing to become the title sponsor of the Formula One team from the 2022 season, announced Red Bull Racing on the occasion of the presentation of its car, the "RB18" for the 2022 season, on 09/02/2022.

The agreement would cover five seasons (2022-2026) for a total of $300m (€262.6m), according to specialised media.

The team's technical partner since 2021, Oracle's logos will now appear on the main sponsorship areas of Red Bull Racing's single-seater, on the air intakes and rear wing. Oracle succeeds Honda (JPN), Red Bull Racing's title sponsor in 2021 and the team's engine manufacturer between 2019 and 2021, which ended its involvement in Formula 1 after 2021.

"Building on the success of last year's F1 Drivers' Championship (victory for Dutchman Max Verstappen), the team's 2022 season will feature expanded use of Oracle Cloud across its most significant areas of operation including analytics-based race strategy, optimized engine development, AI and machine learning-powered driver…