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
Ducati: Marc Marquez has “determination of a rookie...
No description available...
1d ago from Motorsport.com
KTM’s 850cc engine for 2027 MotoGP season breaks...
No description available...
2d ago from Motorsport.com
Why Ducati faces its most complicated contract renewal...
No description available...
3d ago from Motorsport.com
Why Jack Miller and Alex Rins see more potential in...
No description available...
3d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar looking to add ‘more events, not just...
IndyCar has identified a need to make sure future races on the calendar...
2d ago from MotorsportWeek.c...
JHR retains Sting Ray Robb for second season
Juncos Hollinger Racing has confirmed that Sting Ray Robb will remain...
5d ago from MotorsportWeek.c...
Sting Ray Robb to continue with Juncos Racing for 2026...
No description available...
5d ago from Motorsport.com
Aggressive testing schedule planned ahead of Mick...
Following confirmation Mick Schumacher will make a switch to IndyCar next...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hayden Paddon, Esapekka Lappi and Dani Sordo join...
No description available...
2d ago from Motorsport.com
Oliver Solberg steps up WRC 2026 preparations with...
No description available...
3d ago from Motorsport.com
Hyundai World Rally Team reverts to shared third car...
Hyundai Motorsport has announced its full line-up for the 2026 FIA World...
2d ago from MotorsportWeek.c...
Sports quiz of the week: Premier League goals, Ashes...
No description available...
2d ago from TheGuardian.com
Popular On GunnersToday.com
Liverpool 'front runners' but Arsenal 'could make a...
Antoine Semenyo has been linked with the move away from Bournemouth in...
1h ago from CaughtOffside.com
'They do look a little bit vulnerable' - David James...
Former Premier League goalkeeper David James believes Arsenal remain the...
11h ago from SportsKeeda.com
Neville: Arsenal must not 'panic' as City close gap in...
Arsenal "must not panic" after defeat at Aston Villa saw Man...
13h ago from SkySports.com
'A lot of people were saying he shouldn’t get back...
Arsenal legend Martin Keown has waxed lyrical about Martin Odegaard,...
12h ago from SportsKeeda.com
Comments
Hottest News
Nico Rosberg criticises Zak Brown after Oscar Piastri radio...
Nico Rosberg was far from impressed with Zak... Read More »
3h ago from RacingNews365.com
Lando Norris under investigation in Abu Dhabi GP title...
Lando Norris' F1 title bid could be in danger in... Read More »
8h ago from RacingNews365.com
How Norris achieved his lifetime's ambition by 'winning it...
There were bumps in the road but Lando Norris has... Read More »
55m ago from BBC.co.uk
