Despite eight F1 teams having a sponsorship deal with a crypto company, McLaren boss Zak Brown is confident the series will weather the storm caused by the 'complete mess' collapse of Mercedes sponsor FTX Full story ⬇️
on the eve of the Brazilian Grand Prix and remove the company’s logos from its car and assets.
But Brown does not see the need to be too worried about the impact on F1, as he says the crypto market will see its strongest participants survive.earlier this year.“We had a choice on which partner to go with, because we had a bunch of approaches, so we believe we've got the best partner in the business. We're well aware of their back end, their reserves, the deposits, how they operate. So I'm very comfortable there.
“I kind of liken it to the internet when it got started. You had lots of Internet companies. Lots didn't make it, but then companies like Amazon came out pretty good.
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