Stake to secure naming rights to Sauber’s F1 Team

According to Cointelegraph, Stake, a cryptocurrency betting and casino platform, is expected to feature in the next two years of Formula 1 after securing naming rights to Sauber’s F1 car.

The firm is expected to take over from Alfa Romeo, which did not extend its sponsorship of Sauber’s C44 past 2023. It is believed that Sauber will be rebranded as Audi’s factory team in 2026. This is expected to provide about a two-year gap for other sponsors to step in on an interim basis, Cointelegraph added.