According to Foresight News, the Sauber F1 team has agreed to a two-year championship partnership with crypto casino and sports betting platform Stake, starting in 2024. This deal will result in the team being renamed as Stake F1 Team Kick Sauber.
The partnership between Sauber and Stake highlights the growing interest in cryptocurrency and blockchain technology within the sports industry. As more teams and organizations explore the potential benefits of these technologies, it is likely that similar partnerships will continue to emerge in the future.
This collaboration also demonstrates the increasing acceptance of cryptocurrency in various sectors, as businesses and consumers alike recognize the potential advantages of digital currencies and their underlying technology. With this partnership, both Sauber and Stake aim to capitalize on the growing popularity of cryptocurrency and expand their respective brands in the process.