Dreyer and Reinbold Racing with Cusick Motorsports announced on Tuesday that blockchain company Polkadot will serve as primary sponsor to Conor Daly’s No.24 Dreyer and Reinbold Racing with Cusick Motorsports Chevrolet for next month’s 108th running of the Indianapolis 500 presented by Gainbridge.
Dennis Reinbold, Team Owner of Dreyer & Reinbold Racing said:
We are delighted to welcome Polkadot as the primary sponsor of the 24 car for the Indianapolis 500. “Polkadot’s commitment to technological advancement and pushing boundaries aligns perfectly with our team’s ethos of excellence and continuous improvement. Together, we aim to make a significant impact on and off the track and reach fans worldwide.
Conor Daly commented saying:
“The fact that thousands of individuals in the Polkadot community – not a corporate marketing team – used their voices to vote and select me as their ambassador is an incredible honor and reflective of the power of what a more free and open internet can look like in the future. “The fact that I’m racing not just for a brand name or logo, but representing developers, investors and regular people that are building tomorrow’s web, is thrilling and overwhelming. We’re bringing power back to people, while making sports history.”
Chris Wade, the Polkadot community member who championed the proposal, remarked,
“This landmark sponsorship proves the transformative power and trust of blockchain technology in making a previously exclusive process open and inclusive. It’s a testament to Polkadot’s forward-thinking innovative community, robust network, and progressive governance model. It’s a blueprint for future collaborations.”
A HISTORIC FIRST!@Polkadot—the powerful, secure core of Web3—will be the primary partner of Conor Daly’s No. 24 Chevrolet!
This is first time a major athlete’s sponsorship has been decided by a community vote using blockchain technology.@Polkadot | #DrivenByDRR | @IndyCar |… pic.twitter.com/bTXc8hHMST
— Dreyer & Reinbold Racing (@DreyerReinbold) April 9, 2024