News Details
Mercedes suspend FTX partnership
The Mercedes Formula 1 team said on Friday they had suspended a partnership agreement with troubled cryptocurrency exchange FTX ahead of the season's penultimate race in Brazil. FTX, one of the world's largest crypto exchanges, is scrambling to raise billions in funds to stave off collapse while regulators have stepped in. Mercedes signed a sponsorship deal with FTX in September, 2021 when they were the reigning champions. 'As a first step, we have suspended our partnership agreement with FTX,' a team spokesman said. 'This means the company will no longer appear on our race car and other branded assets from this weekend. We will continue to monitor closely the situation as it evolves.' The...
Full Story »
Full Story »
3y ago from GrandPrix247.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
Mercedes removes sponsor FTX from car
Mercedes has severed its sponsorship deal with crypto exchange FTX as the...
3y ago from GPBlog.com
Guenther Steiner hails ‘master' Max Verstappen,...
There is no doubt in the mind of Haas team principal Guenther Steiner...
3y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Why Jorge Martin is back - but not at his best yet in...
No description available...
1h ago from Motorsport.com
MotoGP's Concorde Agreement edges closer as talks near...
No description available...
7h ago from Motorsport.com
MotoGP completes investigation into Brazilian GP...
No description available...
22h ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Ed Carpenter set for one-off Indy 500 run with...
No description available...
31m ago from Motorsport.com
Will Power compares ‘military-like’ Andretti to...
When Will Power signed a contract to join Andretti Global for the 2026...
19h ago from MotorsportWeek.c...
Will Power: “You cannot have a weakness” going...
No description available...
19h ago from Motorsport.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
2d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
4d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
4d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Backlash against Ipswich Town shows why football can't...
Politics has wormed its way back into football, and Reform UK are thrilled...
2h ago from CaughtOffside.com
Agents want Newcastle star to leave for Premier League...
The agent of Newcastle United midfielder Sandro Tonali is keen for his...
3h ago from CaughtOffside.com
Sources: Arsenal 'offered' chance to sign Liverpool...
Arsenal have been given an exciting opportunity in the transfer market as...
2h ago from CaughtOffside.com
Arsenal legend Jens Lehmann worried EFL Cup loss could...
Arsenal legend Jens Lehmann believes the Carabao Cup final loss could...
5h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Christian Horner return on the ropes, Adrian...
Christian Horner's route back into F1 with a... Read More »
1h ago from GPFans.com
Revealed: How Mercedes' alleged front wing trick actually...
Technical analyst Paolo Filisetti takes a look at... Read More »
1h ago from RacingNews365.com
The ‘long conversation’ that may have led to...
The Formula 1 paddock is no stranger to shock... Read More »
7h ago from F1i.com
