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Red Bull Racing signs partnership extension deal with CAA Sports

The sponsorship rights agreement was extended on Wednesday and will see CAA sports continue being the executive sponsor of Red Bull Racing.

Formula One team Red Bull Racing being hailed as one of the top teams in the circuit recently announced their partnership deal extension with the American talent and sports agency CAA Sports.

The sponsorship agreement was extended on Wednesday and will see CAA sports continue being the executive sponsor of Red Bull Racing.

Christian Horner, Red Bull Racing chief executive stated that “Formula One has recently seen a huge growth in popularity in the US and our partnership with CAA Sports has helped the team capitalise on that interest by securing a range of market-leading partnerships. With the US Grand Prix in Austin already a popular fixture on the calendar and with the Miami Grand Prix on the horizon for 2022, we’re looking forward to reaching even more fans and partners in the coming years together with CAA who will be integral in helping us realise that target.

The F1 GP which is scheduled to start on August 1, has fans all over the world excited and Red Bull Racing will see induced CAA Sports advertisements throughout their merchandise like previous seasons.

The extension will see CAA sports enhance their global outreach even further with the deal being carried for three more years.

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