Oracle Red Bull Racing has agreed a long-term global partnership with DAMAC Properties, naming the UAE-based developer as its exclusive Real Estate Development Partner.
The deal links the team with one of the Middle East’s largest private real estate developers at a time when Formula 1 continues to strengthen its commercial and cultural presence in the region.
The 2026 calendar includes races in Saudi Arabia, Bahrain, and Qatar, providing DAMAC with a high-profile platform across key growth markets.
Under the agreement, DAMAC branding will feature on the RB22’s halo and sidepods, as well as across team kit, helmets and race suits.
“Partnering with DAMAC Properties is an exciting moment for Oracle Red Bull Racing,” said Team Principal, Laurent Mekies.
“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.”
We believe that the partnership will open avenues for stronger global engagement and create meaningful impact for both organisations.
Laurent Mekies
For DAMAC, the move extends a portfolio that already spans fashion, hospitality and football, positioning F1 as a platform capable of delivering global reach with premium audience alignment.
“Formula 1 represents precision, innovation, and elite performance at the highest level, values that resonate deeply with our brand DNA,” said Amira Sajwani, DAMAC Properties Managing Director of Sales & Development
“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.”
