Gate. io collaborates with the F1 Red Bull Racing team @ redbullracing to embark on a new chapter of cross-border collaboration A simple analysis of Gate's sponsorship of the F1 race suggests that the overall capital expenditure is relatively large (at least larger than Bybit's $150 million), but the investment return ratio is also quite significant. The F1 Red Bull Racing team is the top tier of F1, with a fan base that is relatively high net worth, many of whom are cryptocurrency players.