Ollyโ๏ธ๐ฉ๐๐ญ
@ollyy
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As the flag waves for the 2025 Formula 1 season in Melbourne, Australia, viewers may notice that nearly every team on the grid now sports a crypto sponsor, highlighting how deeply digital assets have embedded themselves into the sportโs fast-paced world.
Crypto.com, one of the biggest crypto exchanges, is one of the eleven global partners of Formula One Group.
Most Formula 1 teams have also received sponsorships from some of the biggest companies in the crypto industry.
Gate.io, a top crypto exchange, is sponsoring Red Bull Racing for the 2025 season. Coinbase, the biggest U.S. crypto exchange, recently inked a deal to sponsor Aston Martin. OKX, another large crypto exchange, will continue its sponsorship of McLaren. Alpine counts Binance and ApeCoin as official sponsors.
Only Mercedes and Ferrari have no crypto sponsorships. Mercedes is still reeling from its association with FTX and Ferrariโs last crypto sponsor was Velas, a blockchain company whose token has crashed in the past few years. 2 replies
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