Bybit races in Formula 1
Bybit races in Formula 1

Bybit races in Formula 1

By George Michael Belardinelli - 14 Mar 2023

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hThe collaboration between Bybit and Oracle’s British team, Red Bull Racing, is a reality, and with it comes important news

Bybit and Oracle Red Bull Racing are teaming up and setting up a driver school that will benefit both users and the Formula 1 team.

The partnership with Oracle Red Bull Racing

Christian Horner, CEO of Red Bull Racing‘s Formula 1 team, Oracle, commented on the partnership undertaken by his team and Bybit.

The partnership also launches Team Oracle into the e-sports segment:

“We are very proud of how quickly our Esports team has established itself as one of the most successful teams on the track, winning hundreds of races and multiple titles since the team’s inception in 2018 (…) That’s why, together with Bybit, we have created this program to address exactly that. By supporting the mental well-being and physical health of our esports racers, we believe we are equipping them with the tools they need for continued success at the highest level.”

After announcing the liason between Bybit and RBR now the crypto company can also boast of being the main sponsor of Red Bull Racing.

Bybit races in Formula 1

Bybit not only is running in Formula 1 with Horner’s cars but also in daily futures trading volume. Touching $13.8 billion or five times the normal flow.

Together with Oracle Bybit has founded a driver school where both gaming and real driving talent will be nurtured in an incubator that can lead to driving real or virtual cars.

The exchange explains everything in great detail on the website, giving the crypto ecosystem a fresh perspective.

It transpires from the exchange’s website that the program drafted by the two entities together is called the Bybit Performance Accelerator.

The intent of the program is to teach sports driving and hone the performance of young talents of the steering wheel and “joystick.”

Once trained, the athletes will also have the opportunity in some cases to exchange roles to improve the program and receive important feedback to the growth of the driver and Accelerator.

In addition to training, the program includes athletic preparation and mental and physical well-being of the athletes to forge a winning generation of well-rounded professional pilots.

Those who will take part in the Bybit Performance Accelerator are the world’s top talents from the Formula 1 and È-Formula arena.

Some athletes have already won races in the F1 Esports Series 2022 and the Teams’ Championship.

Bybit CEO Ben Zhou spoke in enthusiastic terms saying that in his opinion it is a milestone in-sports and for participants in real competitions.

The CEO commented on Accelerator with these words:

“We understand the stress and strain that extreme pressure situations put on the body and mind, so we are very proud to be a part of this innovative programme. Whether it’s judging market moves in a fraction of a second or hurtling around corners in high-performance machines at over 300km per hour, peak performance requires superhuman mental and physical stamina, time and time again. That’s why we will continue to support every effort to improve the continuing education, resilience and well-being of top athletes and professionals as they continue to push their limits.”

As it is known, Bybit also gives unified trading opportunities for existing and new users but now it also throws itself full-force into gaming with an innovative formula.

George Michael Belardinelli

A former corporate manager at Carifac Spa and later at Veneto Banca Scpa, blogger and Rhumière, over the years he has become passionate about philosophy and the opportunities that innovation and the media make available to us, in particular the metaverse and augmented reality

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