Formula 1 Secures Multimillion Crypto Sponsorship Deal
Formula 1, the international auto racing organization, has found a new sponsor from the crypto industry. The long-term deal will provide a digital asset trading platform with brand presence at F1 events while the car championship hopes that the partnership will allow it to “explore the world of cryptocurrency.” Crypto.com to Support Formula 1 as Part of Reported $100 Million Sponsorship Agreement The deal between Formula 1 and Crypto.com, which was announced on Tuesday, has been negotiated with the help of sports firm Creative Artists Agency. The terms were not immediately....
Related News
In what can likely be labeled as the first DAO vote on a sports sponsorship deal in history, Terra has formally announced their new sports sponsorship deal with Major League Baseball’s Washington Nationals. While the MLB deals with an ongoing lockout, Terra has solidified their first-ever sports engagement, marking a major milestone for the growing […]
Bybit has announced the first-ever Formula One sponsorship deal with Oracle Red Bull Racing. The Singaporean crypto company will be backing its efforts to become a top team in motorsports, jumpstarting this new partnership by becoming “Principle Team Partner” for the 2022 season. The partnership will help Bybit grow its fan engagement even more by […]
It’s been a pretty productive start to 2022 for Tezos, particularly when it comes to new partnerships. While the blockchain had it’s most notable deal up until last year with Red Bull’s F1 racing team, Tezos is building out new brand partnerships, new NFT roll-outs, and now a new sports sponsorship deal with European football […]
Crypto.com's logo to appear on Aston Martin F1 cars in the 2020–2021 season. Cryptocurrency exchange service Crypto.com has inked a partnership deal with car maker Aston Martin to sponsor the latter’s Formula 1 team.According to a report by Business Insider, the collaboration is a multi-year sponsorship on the occasion of the British car manufacturer's return to the F1 circuit in 2021 after a 61-year absence. However, the exact financial details of the sponsorship deal have not been made public.With the deal in place, Aston Martin’s F1 cars will be emblazoned with the Crypto.com logo....
Global investment platform eToro has launched a first-of-its-kind sponsorship deal with reigning double Formula E Champions, DS TECHEETAH. eToro will stake £1million for DS TECHEETAH to invest in its platform and the team will keep any profits made. DS TECHEETAH will invest the money in some of eToro’s top investors, using eToro’s innovative CopyTrader feature. The team will also invest in themes that align with the team’s values by investing in two of eToro’s thematic […]