Red Bull have announced a new multi-year extension of their title partnership with long-term sponsor Oracle.
Red Bull confirms long-term partnership extension with Oracle
The partnership between the two giants, which began in 2022 as a technology collaboration before expanding later that year when Oracle became title sponsor — leading to the current Oracle
Red Bull Racing name — is now set to continue long into the future.
The American multinational will continue to provide cloud software and artificial intelligence tools to the Milton Keynes-based team in a crucial year for the outfit following the debut of its first in-house power unit, developed with technical support from Ford.
Red Bull CEO and Team Principal
Laurent Mekies commented:
“Since Oracle became the Team’s title partner in 2022, the Team has delivered three Drivers’ World Championships, two Constructors’ World Championships, and broken many records. Our partnership with Oracle has been hugely successful, and we are delighted that we will continue together into this new era for F1. “We rely on Oracle’s invaluable expertise to help us understand and optimise countless variables with greater precision and speed than the competition. With Oracle Cloud and Oracle AI, we can adapt quickly, make smarter decisions, and sustain the level of performance required to win Championships, and we look forward to continued success in this multi-year partnership.”
Clay Magouyrk, CEO of Oracle, added: “Oracle Red Bull Racing relies on Oracle Cloud and Oracle AI to achieve the highest levels of performance and solve some of the most complex, time-critical challenges in the world.
“The same technologies the Team uses to model strategy, refine its hybrid power unit, and deploy the latest AI innovations trackside are the ones powering transformation for companies across every industry. Whether on the track or in the enterprise, Oracle Cloud and Oracle AI deliver the speed and intelligence needed to win.”