Formula 1 team AlphaTauri and Fantom team up for F1 2021 by CoinQuora

Formula 1 team AlphaTauri and Fantom team up for F1 2021

  • Announcement of the partnership between the Italian Formula 1 team Alpha Tauri and Fantom.
  • The team will support Fantom’s logos for its next Grands Prix in 2021.
  • Fantom’s green appeal brought the two companies together.

Smart contract platform Fantom and Italian Formula 1 team AlphaTauri are teaming up for F1 2021. The announcement comes ahead of the Monaco Grand Prix next week.

The partnership will intensify Fantom’s global growth using the platform established by the team. Its logo should appear on AlphaTauri team racing cars. In addition, AlphaTauri racing driver Pierre Gasly will also continue his role as Fantom brand ambassador. He will display their logo on his cap.

Franz Tost, Scuderia AlphaTauri Team Director commented:

“This is another great partnership for Scuderia AlphaTauri and I am happy to welcome Fantom on board”

Part of the appeal of working with Fantom comes from its eco-friendly quality. To clarify, this refers to its consensus protocol which is based on proof of stake. It consumes much less energy than its alternatives.

Tost noted of AlphaTauri that they are a team working at the pinnacle of motorsport with an interest in new and innovative technologies. He added that Fantom shares a constant thirst for success with the team, putting them at the forefront of the blockchain industry while operating in a sustainable manner.

“We are happy to support their continued growth globally and I look forward to seeing the Fantom logo displayed on our cars as we race the streets of Monaco,” he said.

Additionally, other factors that add to Fantom’s potential are its nearly zero transaction fees and speed. This has led to an increase in its popularity, with the market cap of its native token increasing 50 times since January 2021.

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