F1 won’t suffer from the “complete mess” FTX crypto collapse triggered – Brown

The recent bankruptcy of FTX in the wake of an $8 billion liquidity crunch sent panic through the crypto markets – which in turn has had an impact on F1 teams.
Eight of the squads on the grid have sponsorship deals with crypto firms, with F1 itself having a major deal with exchange Crypto.com.
FTX was a sponsor of the Mercedes team, and the trouble prompted the …Keep reading