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NFT rides shotgun as Red Bull Racing closes out F1 season

Published 11/17/2022, 04:32 AM
Updated 11/17/2022, 07:00 AM
NFT rides shotgun as Red Bull Racing closes out F1 season

Cryptocurrency and blockchain technology firms continue to feature in the world of Formula 1, with a nonfungible token (NFT) making its mark on Red Bull Racing’s vehicles to close out the 2022 calendar.

Red Bull Racing dominated the F1 season, topping the constructors’ standings, while Max Verstappen closed out the drivers’ standings for a second consecutive season. With the curtain closing on 2022’s race schedule in Abu Dhabi on Nov. 20, the team’s cars will feature an NFT on their livery in what is being called a first in F1.

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