Advertising Laws Cripples Crypto AdvertisementWith the French Grand Prix looming in the distance, Formula 1 teams have been flaunting their crypto sponsorships and brand deals by openly displaying their ads.
Therefore, many F1 teams have had to take down crypto ads and logos of crypto partners from their race cars.
Teams And Their Crypto SponsorshipsEight of the ten teams that entered the French Grand Prix had one or multiple partnerships with crypto companies.
For example, the Alfa Romeo F1 team has removed the branding for its partners – cryptocurrency Floki Inu and crypto lender Vauld from all displayable surfaces for the French Grand Prix.
The crypto exchange was also the title sponsor of the recently held Miami Grand Prix.
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