News Details
Mercedes removes sponsor FTX from car
Mercedes has severed its sponsorship deal with crypto exchange FTX as the trading platform faces major financial problems. A Mercedes spokesperson announced this to Motorsport.com. The team will race in Brazil for the first time without the sponsor's stickers. Article continues under ad FTX is currently in big trouble. The crypto-currency trading exchange is facing an eight-billion-euro deficit. As a fallback, the company was supposed to be taken over by rival Binance, also sponsor of Alpine, but it was announced on Wednesday night that this will not happen. The crisis at the trading platform has caused the entire crypto market to collapse and almost all crypto-currencies to plummet in...
Full Story »
Full Story »
3y ago from GPBlog.com
0
You May Also Be Interested In...
Mercedes monitoring situation at bankruptcy-facing FTX
The Mercedes Formula 1 team said on Thursday they were keeping the...
3y ago from GrandPrix247.com
Mercedes retaining FTX logos on W13 amid crypto...
The Mercedes F1 team has retained the presence on its cars in Brazil of...
3y ago from F1i.com
Two major sponsors set to leave F1
Nov.11 Two major sponsors in Formula 1 look set to exit the sport....
3y ago from OneStopStrategy.com
Lewis Hamilton revolutionises his race week routine
Lewis Hamilton is finally getting back to his best, competing for pole...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
3h ago from Motorsport.com
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
4h ago from MotorsportWeek.c...
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
7h ago from Motorsport.com
Winners and losers from MotoGP’s United States GP
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward left searching for answers after...
No description available...
2h ago from Motorsport.com
David Malukas “learned a lot” with tire strategy...
No description available...
3h ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
6h ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
23h ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
4d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Man United eye perfect Casemiro replacement with move...
Leon Goretzka has been heavily linked with a move away from Bayern Munich...
2h ago from CaughtOffside.com
Arsenal forward’s availability for Champions League...
Arsenal star Noni Madueke's availability is in doubt for the UEFA...
4h ago from SportsKeeda.com
“It made absolutely no sense” - Tuchel makes...
England manager Thomas Tuchel has revealed that Arsenal duo Declan Rice...
5h ago from SportsKeeda.com
'I'm very grateful to them' – Cristhian Mosquera...
Arsenal man Cristhian Mosquera has revealed that he has received guidance...
5h ago from SportsKeeda.com
Comments
Hottest News
Honda reveal stunning new Aston Martin detail which changes...
A revelation from Honda's president made during... Read More »
1h ago from GPFans.com
Red Bull hit by another major exit as key Verstappen ally...
Red Bull will reportedly have to contend with... Read More »
2h ago from GPFans.com
'Things happened which even I cannot comprehend': Toto...
Toto Wolff has delivered a tell all interview... Read More »
26m ago from GPFans.com
