Visa has taken over the title sponsorship of Red Bull's second team, which has been called Scuderia AlphaTauri since 2020 when Red Bull put its fashion label on its two junior cars.
The team said Wednesday it will be called Visa Cash App RB F1 Team when Daniel Ricciardo and Yuki Tsunoda start the season.
The team was known as Scuderia Toro Rosso — the Italian translation of Red Bull — from its 2006 debut season until 2020.
Visa's deal with Red Bull is for three years, its senior vice president of global sponsorship strategy told The Associated Press.
Visa becomes the third billion-dollar American company to join Red Bull as a sponsor in the last two years; Oracle is the title sponsor of the main two Red Bull cars, while Hard Rock International also launched a partnership.
Persons:
Red, Red Bull, Daniel Ricciardo, Yuki Tsunoda, Toro Rosso —, Bull, Andrea Fairchild, ” Fairchild, “, ”, Max Verstappen, Sergio Perez, there's, Catherine Ferdon, Cash
Organizations:
Visa, Formula, Red, Racing, Sauber, Red Bull's, Associated Press, F1 Academy, Red Bull, Oracle, Hard, American Express, Meta, “, NFL, F1, Brand
Locations:
United States, America