P1racenews AI automatic summary:
Red Bull secure mega multi-million dollar deal ahead of new F1 season
Red Bull has extended its title partnership deal with Oracle for multiple years, expected to last until 2030.
The collaboration between Red Bull and Oracle started in 2022, with a five-year deal valued at $300-500 million.
Since then, Oracle has played a crucial role in the development of Red Bull’s first-ever power unit, powered by a mix of combustion and electrical energy, and tested solely on Oracle Cloud Infrastructure [OCI].
Red Bull highlighted the essential tools provided by OCI that allowed them to design and refine their power unit swiftly, considering the team’s relatively recent launch of the PU programme.
Team principal Laurent Mekies emphasized the success brought by the partnership, which contributed to three drivers’ championships, two constructors’ championships, and multiple record-breaking achievements.
Oracle CEO Clay Magouryk expressed the importance of Oracle Cloud and Oracle AI in enabling Red Bull Racing to achieve high performance levels and solve complex challenges efficiently.
