The partnership is aimed at garnering opportunities both in the football and business spheres for both clubs.
Red Bull's Mark Webber faces a 10-place grid penalty at the Korean Grand Prix after being reprimanded for hitching a lift on Fernando Alonso's Ferrari at the end of Sunday's race in Singapore.
Formula E founder Alejandro Agag reckons both his electric series and Formula One have a 50-50 chance of getting races run due to the coronavirus pandemic that has stalled both championships. The Spaniard, whose city-based series started last November and completed five races before the virus forced it off the streets, said it was unclear how much was going to be possible as restrictions eased.
Sebastian Vettel's record run of nine consecutive race victories ended on Sunday when the quadruple world champion retired his Red Bull from the season-opening Australian Grand Prix with a reliability problem.
Lewis Hamilton captured pole position for Mercedes for the season-opening Australian Grand Prix in a thrilling finish to a rain-hit qualifying session on Saturday.
The prospect of seeing Sebastian Vettel beaten for the first time since last July is just one of the many novelties Sunday's season-opening Australian Formula One Grand Prix promises to deliver.
Red Bull's Max Verstappen, last year's winner at his team's home circuit, qualified third.
Beating Mercedes is a tough job but someone has got to do it and Red Bull's Daniel Ricciardo stepped forward again on Sunday as the man who can.
The Canadian Formula One Grand Prix was halted after 25 of the scheduled 70 laps by torrential rain on Sunday.
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Germany's Nico Rosberg won Formula One's showcase Monaco Grand Prix for Mercedes on Sunday, 30 years after his world champion father Keke triumphed on the streets of the Mediterranean principality.
Germany's Nico Rosberg gave Mercedes their third pole position in succession on Saturday with a front row lockout at the Spanish Formula One Grand Prix.
Australian Mark Webber seized pole position for the South Korean Formula One Grand Prix on Saturday with title-chasing Red Bull teammate Sebastian Vettel having to settle for second place on the starting grid.
Germany's Nico Rosberg took Mercedes' second successive pole position in qualifying for the Bahrain Formula One Grand Prix on Saturday.
Hamilton is seven points clear of Finnish team mate Valtteri Bottas after five of the 21 races.
Formula One world champion Sebastian Vettel met a barrage of questions about his failure to obey team orders on Thursday with an unrepentant smile and cold contempt for Red Bull team mate Mark Webber.
Ferrari's Fernando Alonso, Vettel's closest title rival with a 46 point gap to make up, qualified fifth and behind Brazilian team mate Felipe Massa.
Red Bull's Sebastian Vettel won the Korean Grand Prix on Sunday to chalk up his fourth victory in a row and stretch his championship lead to 77 points with five rounds remaining.
To boo or not to boo? That was the question facing Formula One fans after Sebastian Vettel's runaway Singapore Grand Prix victory was greeted with jeers as well as cheers.
Red Bull's Sebastian Vettel cruised to a third straight Singapore Grand Prix victory on Sunday and moved 60 points clear of Ferrari's Fernando Alonso after a dominant drive under the floodlights at the Marina Bay Street Circuit.
Hamilton will equal Ferrari great Michael Schumacher's all-time win record if he takes his seventh win of the season on Sunday.
German driver Sebastian Vettel was awarded the World Champion trophy for the second consecutive year, while Sameer Gaur of Jaypee Sports International (JPSI) received the Formula One Promotional Trophy for hosting a successful inaugural Indian Grand Prix at a glittering FIA Prize Giving Gala ceremony.
Mark Webber, second in the Formula One world championship, has been penalised five starting places for the German Grand Prix after his Red Bull team broke the rules on gearbox changes.
The Formula One drivers are rested and hopefully not rusted after a four-week break. The track - Spa-Francorchamps is all set to welcome the drivers.
Ferrari's Fernando Alonso won the European Grand Prix on Sunday to become the first repeat winner of the Formula One season after eight races.
Since the traditional Australian opener was cancelled in March, Formula One has agreed changes to help teams hard hit by COVID-19.
Sebastien Vettel kept Michael Schumacher in his thoughts on Tuesday as Formula One returned to the track after a long winter break with the German great still in a coma one month after a skiing accident.
Lewis Hamilton heads into Sunday's Hungarian Grand Prix fired up to complete a hat-trick of victories and seize the lead in the Formula One title race for the first time this season.
Lewis Hamilton tightened his grip on securing a fifth Formula One world title by coming from nowhere to claim a stunning pole position for the Singapore Grand Prix in his Mercedes on Saturday.
Triple Formula One world champion Sebastian Vettel would be Ferrari's first choice should they ever need to replace Fernando Alonso, president Luca di Montezemolo said.
Lewis Hamilton won his home British Grand Prix for the third year in a row on Sunday with Mercedes team mate and title rival Nico Rosberg finishing second but under a stewards' investigation.
World champion Sebastian Vettel was pushed all the way but finally tasted Formula One victory on home soil on Sunday in a German Grand Prix that sent him 34 points clear of Ferrari's Fernando Alonso.
Germany's Nico Rosberg won a dramatic for Mercedes on Sunday after one of several explosive tyre failures scuppered team mate Lewis Hamilton's hopes of home victory.
Red Bull's Sebastian Vettel committed no infringement during the season-ending Brazilian Grand Prix, Formula One's governing body the FIA said on Friday, meaning the German keeps his world title.
Formula One world champion Sebastian Vettel won the Grand Prix in Bahrain on Sunday while rage boiled beyond the circuit among protesters who say the ruling family that crushed Arab Spring demonstrations last year should not have hosted the race.
Sebastian Vettel was on such a record roll in 2013 that by the time Formula One rocks up for next year's season-opener in Australia it will be almost eight months since anyone else won a Grand Prix.
Lewis Hamilton will start Sunday's season-ending Brazilian Formula One Grand Prix on pole position in his farewell to McLaren, with teammate Jenson Button alongside.
Red Bull's triple World Champion Sebastian Vettel won the Canadian Grand Prix on Sunday but his victory was overshadowed by the death of a marshal, the first fatality in Formula One in over a decade.
Ferrari were the fastest in pre-season testing, raising suspicions that their new SF70H car has closed the chasm between Mercedes and the rest.
Red Bull's triple world champion Sebastian Vettel won the Canadian Grand Prix on Sunday to capture his first Formula One victory on North American soil and extend his overall lead to 36 points.
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