A new player has entered the world of Formula One, and if his track record is anything to go by, be ready for things to be shaken up.
Edward Craven, 28, is a cryptocurrency and gambling magnate, Australia's youngest billionaire and, now, the proud owner of the Sauber F1 team - set to be renamed Stake F1 Team Kick Sauber this year.
Craven owns crypto and gambling firm Stake.com, which boasts endorsement partnerships with the likes of Drake and Israel Adesanya, while he also launched streaming platform Kick.com in 2022.
The Melbourne-born entrepreneur made headlines in his hometown 18 months ago when he purchased two Toorak mansions for around $40million and $80million apiece.