Formula 1 becomes digital: Aston Martin relies on cryptocurrencies!

Formula 1 becomes digital: Aston Martin relies on cryptocurrencies!

A new chapter begins in Formula 1! Aston Martin realizes a groundbreaking partnership with Coinbase, one of the leading providers in the field of cryptocurrencies. This development is considered an innovative era as the first step, because the team around the racing drivers Fernando Alonso and Lance Stroll will only be paid in the stable cryptocurrency USDC from the coming season. The multi-year contract ensures that the coinbase logo is prominently placed on the halo, the rear wing and the suits of the drivers, which increases the visibility of cryptocurrency in motorsport.

Jefferson Slack, commercial director of Aston Martin, emphasized the importance of this cooperation by saying: "This partnership shows the trust that we put in the expertise of Coinbase." This initiative could serve as a model function for future sports partnerships. Gary Sun, Vice President for Marketing at Coinbase, described the agreement as a historical moment: "It is the first time that we have only invested in a sports partnership in cryptocurrency." This partnership aims to demonstrate the commitment of Coinbase for economic freedom and access to cryptocurrencies worldwide, such as reported.

With this partnership, the Aston Martin Aramco F1 team not only becomes a pioneer in the field of cryptocurrency in sports, but also a sign of progress in financial technology. The contract uses USDC, a stable digital currency that is $ 1: 1 to the US dollar, and could offer other options for fan interaction in the future. This innovative development will surely captivate the fans and intensify the interest in motorsport, while the official test drives take place in Bahrain from February 26th to 28th and the first Grand Prix in Australia will be in Australia on March 16, as Krone reports.