Formula 1’s relationship with various crypto platforms is rapidly ending, with Ferrari having become the latest team to drop their partnership with their cryptocurrency sponsor. The Italians ended their multi-year deals with Velas blockchain and Snapdragon early, a move which will see the Maranello-based outfit lose $55 million as a result. The cryptocurrency market has
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Red Bull could not have wished for a better start to the new era of Formula 1, as every team entered the season wondering if their design was one of the best on the grid. The RB-18 was dominant and allowed Max Verstappen to storm to a record-shattering 15 race wins over the course of
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Ex-Formula 1 driver David Coulthard has put Ferrari’s 2022 woes down to not being “match fit”, with the Italians having not been in a title fight for several years. Last season was a frustrating one for Ferrari, with the team having started the campaign so emphatically, with Charles Leclerc having won two of the opening
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According to La Gazzetta dello Sport, Red Bull and Ferrari are set to start 2023 on the front foot, with both sides having made instrumental changes to their challengers for this season. Starting with Red Bull, as dominant as they were in 2022 after claiming 17 wins from 22 races, the Austrians weren’t completely happy
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Toto Wolff’s cryptocurrency warning is beginning to come true, with Ferrari having reportedly terminated their contract with crypto company Velas and semi-conductor company Snapdragon, according to RacingNews365.com. It will come at a huge loss for the Maranello-based side, with the two companies having increased the Italians revenue by $55 million, something which will potentially give the
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Sergio Pérez and Charles Leclerc have seemingly sent a warning to double World Champion Max Verstappen that they are “prepared” for a potential title fight, with Leclerc in particular expecting a “tight” campaign. 2023 has all the ingredients to be a phenomenal year, with Pérez and Leclerc setting their sights on making life harder for
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According to RacingNews365.com, Ferrari were banned from a recent meeting which involved 2026 engine suppliers, with the Italians still yet to sign up to the new engine regulations. Time is seemingly ticking for Ferrari to sign up to 2026, and for Formula 1 to get the famous side to remain in the sport, with the Italians
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1996 Formula 1 World Champion Damon Hill has predicted that Mercedes will face more of an “uphill struggle” in 2023 than Ferrari, with the Silver Arrows having “misunderstood” their 2022 challenger. 2022 was woeful for Mercedes, with the Germans having had a car which was mostly unable to challenge either Red Bull or Ferrari, at
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Four-time World Champion Sebastian Vettel has revealed that he sees a lot of his “younger self” in former team-mate Charles Leclerc, whom the German remained close with despite departing Ferrari at the end of 2020. The two drivers were team-mates during the 2019 and 2020 seasons at Ferrari, with the duo having been at very
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Lewis Hamilton is once again a key figure during the winter break, with the seven-time World Champion set to sign a contract extension with Mercedes, taking his stay with the Silver Arrows beyond 2023. His current deal is set to expire at the end of the year, with the Brit and Toto Wolff having revealed
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