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 has entered an agreement with General Motors and Andretti Racing to supply the power unit and gearbox for the Cadillac F1 team in its early years.

Next year could see an even closer competition for the Formula 1 title after four different teams won races in 2024.

Ferrari will 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, the Italian manufacturer said on Tuesday. A supply will become available then due to Sauber becoming the Audi factory team in what will be the start of a new engine era for the sport.