Max Verstappen has assured Formula E he will be watching their races after the electric series donated $250,000 to charity following a bet on the Red Bull driver's fourth successive Formula One title.

Max Verstappen has assured Formula E he will be watching their races after the electric series donated $250,000 to charity following his fourth successive Formula 1 title.

Jeff Dodds, the CEO of Formula E, was confident that Max Verstappen would be Formula 1 champion in 2024, so confident that he even dared to make a bet that if a competitor could manage to keep Verstappen from winning another title,

Ferrari Chief Executive Benedetto Vigna said Formula One was in the DNA of the company as earlier on Tuesday it announced it would supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026.

Ferrari chief executive Benedetto Vigna said he was "very proud" of a deal to supply engines and gearboxes to a new Cadillac Formula One team in a multi-year agreement from 2026, subject to final approval of the entry,

Ferrari will supply the new entry with a power unit and gearbox for two seasons before the GM team develops its own package