News Details
The aftermath of FTX bankruptcy
Sports teams and businesses may shy away from long-term deals with crypto firms to minimise their risks after troubled crypto exchange FTX filed for U.S. bankruptcy protection last week, industry experts told Reuters on Monday. FTX filed for bankruptcy on Friday in one of the highest-profile crypto blow-ups after traders withdrew $6-Billion from the platform in just 72 hours and rival exchange Binance abandoned a proposed rescue deal. The announcement had an immediate impact in the world of sport, where the exchange has a significant presence, with the Mercedes Formula 1 team suspending its partnership agreement ahead of the Brazilian Grand Prix. National Basketball Association side Miami...
Full Story »
Full Story »
1y ago from GrandPrix247.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...
1y ago from GrandPrix247.com
Wolff: Utter disbelief at what has happened with FTX
The collapse of crypto exchange FTX has left Formula 1 partners Mercedes...
1y ago from GrandPrix247.com
Mercedes suspend FTX partnership
The Mercedes Formula 1 team said on Friday they had suspended a...
1y 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...
1y ago from F1i.com
Elsewhere On The Network
Popular On MGPToday.com
Martin beats Marc Marquez and Bagnaia in French GP...
Jorge Martin was triumphant in a thrilling battle with Marc Marquez and...
3h ago from MotorsportWeek.c...
Marquez was "completely exhausted” when he...
No description available...
2h ago from Motorsport.com
MotoGP French GP: Martin beats Marquez and Bagnaia in...
No description available...
3h ago from Motorsport.com
Popular On IndyCarToday.com
Lundgaard explains ‘bold’ tire strategy that led...
Christian Lundgaard earned the third podium of his IndyCar career on...
5h ago from MotorsportWeek.c...
Abel ends Indy 500 entry hopes, cites funding as cause
Abel Motorsports will not be fielding a car in this year’s Indianapolis...
1w ago from MotorsportWeek.c...
Herta labels Ericsson’s first lap move as ‘so...
Colton Herta was the biggest mover of the recent IndyCar race from the...
17h ago from MotorsportWeek.c...
American flag livery returns for AJ Foyt Indy 500 entry
AJ Foyt Racing announced Wednesday that it is bringing its popular...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastian Ogier sets another new record with his 6th...
Sebastian Ogier and Vincent Landais reeled off the remaining four stages...
3h ago from MotorsportWeek.c...
WRC Portugal: Ogier makes history with record sixth...
No description available...
4h ago from Motorsport.com
WRC Portugal: Ogier holds rally lead, Evans hit by...
No description available...
7h ago from Motorsport.com
What the teams made of WRC’s vision to improve...
No description available...
8h ago from Motorsport.com
Popular On GunnersToday.com
Video: Gary Neville blames Man United's Casemiro for...
Arsenal have taken the lead in their huge Premier League clash with Man...
43m ago from CaughtOffside.com
Mikel Arteta opens up on his decision to sign David...
Mikel Arteta has explained he signed David Raya because he wanted to...
2h ago from CaughtOffside.com
Former Liverpool player believes Arsenal star would...
Danny Murphy believes Declan Rice wouldn't have had the same impact had he...
33m ago from CaughtOffside.com
'You're losing this match', 'If it ain't broke don't...
No description available...
1h ago from SportsKeeda.com
Comments
Hottest News
Newey 'starting date and role given' at next F1 team
Adrian Newey's role and starting date at his next... Read More »
9h ago from GPFans.com
Ferrari star issues EMOTIONAL response to shock F1 exit
Charles Leclerc has reacted to the news of a... Read More »
4h ago from GPFans.com
How Red Bull Racing are slowly becoming a mid-tier F1 team
Once again, a highly-ranked Red Bull Racing... Read More »
1h ago from GPBlog.com
