Oracle Red Bull Racing have announced a long-term global partnership with DAMAC Properties.
The agreement will see the Dubai-based real estate firm serve as the Austrian Formula One outfit’s Exclusive Real Estate Development Partner.
DAMAC Properties’ logo will be present on the halo and side pods of the Red Bull race car, as well as on the Team Principal and driver team kit, helmets and race suits.
Laurent Mekies, CEO and Team Principal of Oracle Red Bull Racing, commented:
“Partnering with DAMAC Properties is an exciting moment for Oracle Red Bull Racing. Their ambition and commitment to excellence mirrors the values that drive our team. We believe that the partnership will open avenues for stronger global engagement and create meaningful impact for both organisations.”
Amira Sajwani, Managing Director of Sales & Development at DAMAC Properties, added:
“Over the years, we’ve collaborated with global leaders across fashion, hospitality, and football, and today, we are proud to partner with Oracle Red Bull Racing, one of the most successful Teams in Formula 1. Formula 1 represents precision, innovation, and elite performance at the highest level, values that resonate deeply with our brand DNA. I truly believe that no real estate developer in the UAE has built a partnership portfolio as diverse and globally impactful as DAMAC’s, and this collaboration is a powerful testament to that journey.”
Ali Sajwani, Managing Director of Operations, Finance, & Hospitality at DAMAC Properties, added:
“Formula 1 has always been a passion of mine, and I deeply understand both the scale and global influence of this industry. At DAMAC, we are constantly seeking partnerships that are distinctive, powerful, and aligned with our ambition to be a trendsetter in the market. Oracle Red Bull Racing is a perfect fit for us, a team that challenges limits, embraces innovation, and consistently performs at the highest level. This partnership reflects our mindset as a business and our vision for the future.”
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