F1 Red Bull Racing

F1 originally planned to hold a rookie sprint race after this December’s Abu Dhabi Grand Prix, requiring all teams to use two cars: one driven by a rookie driver and another used by the team’s official driver to test Pirelli’s tires for the 2025 season.

LVMH Group announced that it will replace Rolex as the main sponsor of F1, with both parties reaching a 10-year global partnership agreement with an annual sponsorship fee of up to $150 million.