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A new name will line up on the Formula 1 grid in 2024 after Red Bull rebranded the AlphaTauri team as Visa Cash App RB, so here are all of the known contract details. The Faenza outfit have operated as the sister team to Red Bull since the energy drinks brand first entered Formula 1. Red Bull founder Dietrich Mateschitz purchased Jaguar in 2004 and Minardi in 2005 before calling them Red Bull and Toro Rosso, which also became AlphaTauri. Red Bull sought to rebrand Toro Rosso as AlphaTauri before the 2020 F1 season to promote its fashion label. But the parent company has now decided to rebrand …

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