💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Crypto.com Named as Official Title Partner of Formula 1 Newest Race Event

Published 02/10/2022, 07:37 AM
Updated 02/10/2022, 08:00 AM
Crypto.com Named as Official Title Partner of Formula 1 Newest Race Event

  • Crypto.com signs nine-year deal as official title partner of the Formula 1 Crypto.com Miami Grand Prix.
  • Formula 1 Crypto.com Miami Grand Prix logos will feature on the podium and winners’ trophies.
  • The Crypto.com Fan Zone area will take pride of place in the center of the Hard Rock Stadium.

Crypto.com has been announced as the official title partner of the Formula 1 Crypto.com Miami Grand Prix, South Florida Motorsports (SFM) reports. In detail, the Formula 1 Crypto.com Miami Grand Prix is scheduled to make its debut from 6th to 8th May 2022.

The new deal will formally make Crypto.com part and parcel of the latest race on the Formula 1 calendar. The fastest-growing cryptocurrency exchange will gain much exposure across the Miami International Autodrome as its brand has been included in the official event title and logo.

As stated by the document obtained by CoinQuora, the 5.41km Miami International Autodrome will be the 11th different venue in the United States to host a World Championship Formula 1 race. It features 19 corners, three straights with an estimated top speed of 320km/h.

Jeremy Walls, Senior Vice President, Chief Revenue Officer of Hard Rock Stadium & Formula 1 Crypto.com Miami Grand Prix revealed he is thrilled with the long-term title partnership with Crypto.com.

We are excited for our long-term title partnership with Crypto.com. We share their commitment to innovation and will apply those high standards to the fan experience at the Formula 1 ® Crypto.com Miami Grand Prix. This will be an international event and we look forward to growing together on a worldwide scale.

In addition, fans may visit the Crypto.com Fan Zone which features unparalleled 360 degrees views on the track. The Terrace hospitality area also includes an exclusive observation deck at Turn. Remarkably, level one of the space will be designated for all fans present at the event.

Kris Marszalek, CoFounder and Chief Executive Officer at Crypto.com disclosed his excitement about the partnership.

Building on our global partnership with Formula 1, we are thrilled to be the first commercial title partner of the Formula 1 Crypto.com Miami Grand Prix in the city that is fast becoming the crypto center of the U.S. Technology and innovation are at the core of what we do, which strategically aligns with the sport of racing, and together we will create exciting experiences at the intersection of Web3 and F1 Racing.

The Crypto.com Fan Zone will be located at the center of the Hard Rock Stadium, on the field. It will feature a host of entertainment and activities across the weekend. All in all, Crypto.com asserts it is fully committed to building the future of the internet and Web 3.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.