DUBAI: Oracle Red Bull Racing has signed a global partnership deal with Damac Properties, the largest private real estate developer in the UAE and the Middle East.

The Formula 1 racing team is one of the most successful in motorsport history, with a driver lineup that features four-time world champion Max Verstappen alongside rising talent Isack Hadjar.

Damac Properties branding will appear on the Oracle Red Bull Racing RB22 car’s halo and side pods, as well as the team principle and driver team kit, helmets, and race suits.

Over the years, Damac has partnered with brands that include Roberto Cavalli, Paramount, and Chelsea Football Club.

Speaking about the announcement, Amira Sajwani, managing director of sales and development at Damac Properties, said the developer was proud to partner with Oracle Red Bull Racing.

“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,” Sajwani said.

Laurent Mekies, CEO and team principal of Oracle Red Bull Racing, said that the partnership “will open avenues for stronger global engagement and create meaningful impact for both organizations.”

He added: “This partnership reflects our mindset as a business and our vision for the future.” 

Ali Sajwani, managing director of operations, finance and hospitality at Damac, said: “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.”

The announcement follows Damac’s global partnership with Chelsea Football Club, unveiled in April 2025, with the developer becoming the club’s front-of-jersey sponsor for the remainder of the 2024-25 season. The collaboration also marked the launch of Chelsea Residences by Damac, the world’s first football-branded residential development, located in Dubai.