Red Bull Racing has ended its partnership with cryptocurrency exchange Bybit ahead of the 2025 Formula One season. The sponsorship deal, worth $150 million over three years, concluded unexpectedly, creating a gap in Red Bull's sponsorship portfolio. Meanwhile, Max Verstappen secured his fourth Formula One driver's championship in 2024 and expressed interest in changing the team's livery. Sergio Perez, who had a disappointing season, has been replaced by Liam Lawson for the 2025 season. The end of the Bybit sponsorship presents financial challenges for Red Bull. Additionally, Bybit has ceased operations in Malaysia due to non-compliance with local regulations.



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