ANTIGUA, Antigua and Barbuda, September 23, 2021 / PRNewswire / – FTX Trading Limited (“FTX” or “the Company”), a leading global cryptocurrency exchange, today announced a long-term relationship with the Mercedes-AMG Petronas Formula 1 team. That relationship will span several racing seasons, with the FTX logo prominently featured on both the cars and drivers. Part of the FTX branding will be revealed during the upcoming Russian Grand Prix scheduled for this year Sunday, September 26thMay and will be expanded until the start of the season in 2022.
Sam Bankman-Fried, CEO and founder of FTX, commented on the news: “FTX is delighted to be working with the reigning Formula 1 world champions and current team leaders Mercedes-AMG Petronas to further expand our position as the leading global cryptocurrency exchange. Under Toto’s leadership, the entire Mercedes-AMG Petronas Formula 1 team has focused on excellence and used innovations to become seven-time constructors’ champions. We look forward to watching Lewis Hamilton will continue to fight for his potential eighth Formula 1 driver’s title for the remainder of the 2021 season. “
As a team partner, the FTX logo is used in addition to the branding on the vehicles and on the team drivers as well as on the team’s Mercedes-Benz truck fleet, in the garage and on all partner logo displays in the route catering and communication facilities. FTX will also have access to the members of the Mercedes-AMG Petronas Formula 1 team, including the drivers Lewis Hamilton and Valtteri Bottas to further expand the reach of the FTX brand through marketing initiatives to the global Formula 1 fan base. In addition to being team partners, FTX and Mercedes F1 will also tackle other strategic initiatives together, such as the integration of FTX Pay, an NFT collection, and corporate social responsibility initiatives to be announced and rolled out at a later date.
Toto Wolff, Team Principal and CEO of the Mercedes-AMG Petronas F1 Team, concluded: “We are very pleased to welcome FTX, one of the world’s leading cryptocurrency exchanges, to the Mercedes-AMG Petronas F1 Team. The rapidly developing global industry makes it a well-coordinated one Partner in our own tireless pursuit of achievement. Together we look forward to creating new and exciting ways to connect with our fans and provide them with world-class experiences. “
Via FTX.COM
FTX.COM is a cryptocurrency exchange developed by traders for traders. FTX.COM strives to be an intuitive yet powerful platform for all types of users and to be the most innovative exchange in the industry. FTX.COM has grown rapidly since its inception and has grown into one of the most respected cryptocurrency exchanges in the world in less than 2 years.
To learn more about FTX.COM please visit: https://ftx.com/
FTX.COM is not available to US citizens or residents of any other prohibited jurisdiction as set forth in its Terms of Use. US citizens can access US-regulated offers via FTX US at ftx.us.
About the Mercedes-AMG Petronas F1 Team
The Mercedes-AMG Petronas F1 Team is the Mercedes-Benz works Formula 1 team that competes in the FIA Formula One 
World Championship – the premier class of global motorsport and the largest annual sports series in the world. The team develops, develops, manufactures and drives the racing cars and hybrid drives of the seven-time world champion at two first-class technology locations in Great Britain Lewis Hamilton and winning teammate Valtteri Bottas.
Formula 1 is a uniquely demanding technical and human challenge that requires the right alchemy of cutting-edge technology, high-performing management and elite teamwork to achieve results in over 20 grands prix around the globe in a racing season from March to December.
The Mercedes-AMG Petronas F1 Team has set new standards for F1
success on its way to winning the constructors ‘and drivers’ world championships in 2014, 2015, 2016, 2017, 2018, 2019 and 2020. the team achieved 100 victories, 200 podiums, 107 pole positions, 70 fastest laps and 53 double victories in 134 races.
Media contact
Jay A. Morakis
Strategic communication of the M Group (for FTX)
+1 646 859 5951
[email protected]
Bradley Lord
Communications Director Mercedes-Benz Motorsport
[email protected]
+44 (0) 7785 682 893
SOURCE FTX Trading Ltd.
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