Skip to content

967sports

"The Home of True Sports Lovers"

Primary Menu
  • Home
  • Football
  • Hockey
  • Basketball
  • NBA
  • NHL
  • NRL
  • sport cars
  • MLB
Live
  • Home
  • 2025
  • February
  • 12
  • Oracle Blocks Red Bull’s Multi-Million Dollar Deal.
  • Formula 1

Oracle Blocks Red Bull’s Multi-Million Dollar Deal.

Bahtman February 12, 2025

Share this:

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
9bf92e139026e5ddeddac04f3dde38bed5365cac

As the team behind world champion Max Verstappen, Red Bull Racing is a sought-after partner for sponsors. However, not every sponsor gets to feature on the cars, uniforms, and gear of the Austrian team. It’s been reported that Red Bull’s primary sponsor, Oracle, blocked a multi-million dollar deal with the team.

According to The Verge, AI company Perplexity was in negotiations to sign a $5 million sponsorship deal with Red Bull. Despite both sides agreeing to the terms, Oracle ultimately prevented the deal from going through.

Red Bull Racing RB19 Official Show Car

 

The Verge, citing sources familiar with the situation, claims it has seen documents confirming Oracle’s role in halting the agreement.

The reasons for Oracle’s intervention seem to be twofold. First, Oracle was reportedly in talks to acquire TikTok, a potential rival to Perplexity, which also has ties to the short-video platform. Additionally, Oracle supports Stargate, a project to build data centers for OpenAI, a competitor of Perplexity.

As per the agreement with Red Bull, Oracle must approve any new sponsor, as part of a reported $300 million deal over five years. Both Red Bull Racing and Oracle declined to comment, as did Perplexity.

About The Author

Bahtman

See author's posts

Like this:

Like Loading...

Related

Post navigation

Previous: Ex-NFL Head Coach Being Considered for Ohio State’s DC Position.
Next: Kansas City Chiefs’ Travis Kelce to Reflect on Career Following Super Bowl Defeat

Related Stories

c
  • Formula 1

Red Bull Warns Aston Martin Over Potential Max Verstappen Move.

Bahtman March 5, 2025
gettyimages-616212592-612x612
  • Formula 1

Breaking News: Formula 1Lakers Struck by Heartbreak as Star Receiver Out with Critical Injury

Isaiah Dakur November 27, 2024
Motor Racing - Formula One World Championship - Belgian Grand Prix - Race Day - Spa Francorchamps, Belgium
  • Formula 1

Breaking News: Crushing Injury Sparks $120 Million Trade Frenzy for Formula1

Isaiah Dakur November 21, 2024

You may have missed

semien
  • MLB

💥Texas Rangers Face Second Base Shock 😳 as Marcus Semien’s Stunning Slump Forces Urgent MLB Roster Re-Think

Kelly October 6, 2025
1B
  • MLB

🔥Jake Burger Blows the Lid Off Rangers’ First Base Meltdown: ‘We Can’t Keep Doing This

Kelly October 6, 2025
df
  • MLB

📰Texas Rangers Begin Coaching Staff Overhaul After Schumaker’s Hiring — Key Decisions Loom on Maddux and Hitting Coaches

Kelly October 6, 2025
blackk
  • NHL

🧠Blackhawks Make Bold $1 Million Move to Reinforce Blue Line and Accelerate Rebuild

Kelly October 6, 2025

Categories

  • A-League (1)
  • AFL (546)
  • AFLW (2)
  • Alexander zverev (4)
  • Aston Martin (2)
  • Astrit Selmani (1)
  • Baseball (754)
  • Basketball (379)
  • BOXING (3)
  • Canadian Premier League (3)
  • CFL (57)
  • Chicago Blackhawks (1)
  • Cincinnati Reds (12)
  • CRICKET (37)
  • CYCLING (2)
  • darts championship (9)
    • Mercedes-Benz (7)
  • Dinamo București (1)
  • Dog Show (1)
  • Edmonton Oilers (1)
  • Entertainment (1)
  • Football (100)
    • Bundesliga (2)
    • Champion League (1)
    • Championship (1)
    • La Liga (3)
    • Premier League (50)
  • Formula 1 (67)
  • formula1 (154)
  • golf (9)
  • Hockey (262)
  • huskies (1)
  • Kansas State Wildcats (1)
  • manchester united (2)
  • Michigan (1)
  • michigan wolverines (8)
  • MLB (1,124)
  • MLS (126)
  • MMA (2)
  • MotoGP (2)
  • National football league (2)
  • National League (1)
  • NBA (372)
  • NCAA (1,544)
  • NCAA BASKETBALL (11)
  • NCCA (35)
  • New England Patriots (8)
  • New York Yankees (9)
  • NFL (3,017)
  • NHL (255)
  • Novak Djokovic (1)
  • NRL (362)
  • olympic (1)
  • OLYMPICS (1)
  • Oregon Ducks (1)
  • pool (1)
  • Rugby (96)
  • Samu Aghehowa (2)
  • Serie a (6)
  • Snooker (1)
  • Soccer (80)
  • sport cars (2)
  • St. Louis Cardinals (11)
  • Tadej Pogačar (1)
  • Tennis (118)
  • Texas rangers (7)
  • Transfer News (16)
  • UFC (2)
  • UFL (5)
  • USWNT (1)
  • VolleyBall (1)
  • WNBA (5)
  • Wrestling (4)

Tags

AFL Atlanta Braves Atlanta Falcons Auburn Tigers Boston Celtics Boston Red Sox Buffalo Bills Chicago Bears Cincinnati reds Cleveland Browns Denver Broncos Detroit Lions Edmonton Oilers Essendon Bombers Formula 1 Green Bay Packers Indianapolis Colts Kansas City Chiefs Las Vegas Raiders Max Verstappen Miami Dolphins Michigan Wolverine michigan wolverines Minnesota Vikings MLB MLS NBA NCAA New England Patriots New York Giants New York Jets New York Knicks New York Yankees NFL NHL NRL Ohio State Buckeyes Philadelphia Eagles Philadelphia Phillies Pittsburgh Penguins Pittsburgh Steelers Seattle Seahawks Sydney Roosters Tennis Texas Rangers
  • Home
  • Football
  • Hockey
  • Basketball
  • NBA
  • NHL
  • NRL
  • sport cars
  • MLB
  • Home
  • Football
  • Hockey
  • Basketball
  • NBA
  • NHL
  • NRL
  • sport cars
  • MLB
Copyright © All rights reserved. | MoreNews by AF themes.
%d