Aston Martin Red Bull Racing announced on Tuesday that they have entered into a partnership with global crypto-currency FuturoCoin ahead of the start of the 2019 Formula One season.

Speaking about the new partnership, Aston Martin Red Bull Racing Team Principal Christian Horner commented by saying:

In recent years, the rise of blockchain technology and cryptocurrencies has been truly remarkable, and we’re delighted to be the first Formula One team to embrace this, through our partnership with FuturoCoin. “Secure digital currencies are on the leading edge of technological development and we are very excited to be part of this revolution.

Roman Ziemian, co-founder of FuturoCoin said:

Cryptocurrencies and Formula One are very similar and their values are much alike; speed, technology and being ahead of their time. I’m a huge fan of motorsport and F1 has always intrigued me. The sponsorship is an exciting new chapter for our company and will be a global platform for us to drive awareness of FuturoCoin.

CEO of FuturoCoin’s management company, Paulina Wazniak commented on the partnership saying:

We are very proud that FuturoCoin will be the first cryptocurrency in the world to appear on a Formula One car. In addition, we are looking forward to working alongside Aston Martin Red Bull Racing, a prestigious brand that is recognised across the world.

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