Red Bull announces first F1 cryptocurrency sponsorship deal

Red Bull has become the first Formula 1 team to gain a sponsor from the world of cryptocurrency, announcing a deal with FuturoCoin ahead of the 2019 season.
The recent cryptocurrency boom saw a number of Formula E teams and drivers link up with companies, but Red Bull’s announcement marks the first foray of an F1 team into the industry.
Red Bull announced a multi-year agreement with FuturoCoin on Tuesday, with its branding set to appear on the team’s RB15 car, team transporter and driver overalls.

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