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Daniel Ricciardo makes crypto claim after collapse of Mercedes partner
The crypto market has had a huge impact on Formula 1 in the past 24 months or so, with the vast majority of the teams having a sponsor from the cryptosphere. However, the collapse of FTX sent shockwaves through the crypto sponsorship market, after they collapsed last year. Their collapse caused a significant crash in the market, which came at a shocking time for Mercedes and Daniel Ricciardo. Mercedes had been sponsored by FTX, whilst Ricciardo became a brand ambassador for crypto exchange OKX, just a few months before the demise of FTX. Want to work in Formula 1? Browse the latest F1 job vacancies This caused an incredible amount of negative backlash towards the crypto market, given that...
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2y ago from Formula1News.co.uk
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