P1racenews AI automatic summary:
Sauber had previously been known as Alfa Romeo between 2019-2023, before the contract expired. The new name will last two seasons before being replaced by Audi.
Sauber announced that it will be called Stake F1 Team for the 2024 and 2025 Formula 1 seasons. Stake, a betting and lifestyle company, joined as a sponsor in 2023 and has now taken over the exclusive naming rights. The company is also linked to Canadian rapper Drake and is the shirt sponsor of Everton Football Club. Stake’s role as the headlining sponsor represents the next step in their journey in Formula 1 and aligns with the values of the sport. Exciting activations and plans are in store for the upcoming years, promising an exhilarating future for Stake F1 Team.
