Formula 1 | AlphaTauri strengthens partnership with Fantom

Scuderia AlphaTauri is pleased to announce a global partnership with Fantom ahead of the 2022 season. Fantom is one of the fastest and greenest smart contract platforms in the world. Its blockchain technology is revolutionizing the user experience with low transaction costs, high security protocols and scalability, making it ideal for DeFi applications and solving real-world problems. In addition to the nose and halo of the new AT03, the Fantom logo will also be present on the helmets and caps of both our pilots, brand ambassadors of the Fantom project.

“Formula One has never shied away from challenges, present or future, and we as drivers are always eager to understand in advance how we will take the next step forward. I have long been an ardent supporter of cryptocurrencies and the possibilities that Fantom offers are exciting to me. For example, I was delighted with the success of my first NFT drop done together with Fantom last year: it opened my eyes to a completely new way of engaging fans. I look forward to helping spread this new technology which I find fascinating,” commented Pierre Gasly.

Yuki Tsunoda added: “I am grateful for the opportunity to join the Fantom project. I got to know Harry Yeh and the Fantom team last year and immediately felt that their creativity, innovative spirit and tireless work ethic are a perfect fit for our team. I'm excited about the projects we have planned for this season."

Harry Yeh, Quantum Fintech Group Managing Director, said: “We are thrilled to continue our journey together with Scuderia AlphaTauri, which began last year in Monaco. From the beginning, Pierre has supported the Fantom project and we are happy to have had the support of Yuki and the whole team in promoting the Fantom Foundation. Together with them, we want to bring this technology closer to fans by presenting its capabilities. For over 70 years, Formula 1 has represented the pinnacle of motorsport and has always been associated with speed and safety, operating as a platform capable of showcasing the latest technologies around the world. This aligns very closely with our ethos, so I couldn't think of a better platform to showcase Fantom blockchain technology."

“It is a great honor to have a partner like Fantom and collaborate with a visionary person like Harry Yeh”, continued Franz Tost. “We live in a world where cryptocurrencies cannot be ignored and blockchain technology impacts everything from finance to supply chain applications, as well as contract management. Motorsport is famous for the relentless development of new technologies that improve the sport and have a real-world impact. I can see the same motivation behind the blockchain movement and believe that this technology has the potential to fundamentally change everyone's lives, including of course Formula 1."