The F1 Ferrari team has terminated its partnership with the blockchain firm Velas. It cost the team millions of dollars before the 2023 championship begins.
Haas F1 racing team announced a collaboration with OpenSea. The leading NFT marketplace will be their official partner to create a range of Haas F1 branded NFTs.
In 2021, Formula One announced a partnership with one of the fastest-growing crypto exchanges as it made moves into the crypto industry.
McLaren Racing team have announced that they are launching their first collection of digital art NFTs on the Tezos blockchain.