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Visa chief makes Red Bull team name admission

The pair have recently signed a lucrative contract

Sam Cook Digital Journalist

Sports Journalist who has been covering motorsport since 2023

Thursday 25 January 2024 19:57

Visa senior vice president Andrea Fairchild has admitted some level of sympathy for fans confused by the new name of Red Bull's junior team, formerly AlphaTauri.

That team will now go by the moniker Visa Cash App RB, pulling in two different sponsors plus the 'RB' for the energy drink company, something Fairchild admitted is 'a mouthful'.

The team, who have also been known as Toro Rosso in the past, will race under completely different branding in 2024, with Daniel Ricciardo and Yuki Tsunoda taking them into the new era.

While Red Bull team principal Christian Horner had promised that their sister team will become more closely tied to the overall Red Bull brand, the new name has led to criticism about the selling away of the more orthodox team names.

It follows another team rename which was also criticised by F1 fans, when Alfa Romeo became Stake F1 earlier in this winter break.

Daniel Ricciardo and Yuki Tsunoda will take the Faenza-based team into the future

VisaCashApp RB will unveil their new car on February 8

Stake F1 is the new name of the Sauber-owned team in F1

Visa bosses will listen to fans

Article continues under video

Now, Fairchild has defended the move, stating that she is looking forward to the future with Visa and Red Bull hand-in-hand.

“The best way to explain it is we had an opportunity, as we do with all of our global clients, specifically with Cash App in the United States, in teaming up with Red Bull,” she told The Associated Press.

“The fans will certainly decide how they reference it,” she continued.

“It is our formal name that we’ve introduced to the marketplace. We certainly are capturing all the brands involved and this complex equation, but we’ll listen to the feedback and I’m certain we’ll pick up on some really interesting nuances and I think the fans will have some fun with it.”

“There’s no greater unifier than sports,” Catherine Ferdon, Head of Brand at Cash App said.

“This sponsorship allows us to deepen our relationship with Formula One fans and furthers Cash App’s commitment to supporting and growing the culture of F1 fandom in the United States, while offering more value to our customers.

“We have a history of elevating emerging talent and look forward to sponsoring a team known for developing incredible up-and-coming drivers.”

Red Bull Daniel Ricciardo Christian Horner Yuki Tsunoda Visa Cash App RB AlphaTauri