The NFT team of Red Bull Racing is now in the driver’s seat for the last race of the season.
Red Bull Racing will continue the trend of cryptocurrency and blockchain technology companies playing a significant role in Formula 1 by imprinting a nonfungible token (NFT) on the team’s vehicles during the last race of the 2022 season.
After taking Red Bull Racing to the top of the constructors’ standings in Formula One (F1) during the 2018 season, Max Verstappen finished first in the drivers’ standings for the second consecutive year, capturing the championship for the second time in his career. This victory also afforded him the chance to win the title for a second time in his career. On November 20, 2022, the last race scheduled for 2022 will be held in Abu Dhabi. This will signify the end of the season. It is thought that this will be the first time in Formula One history that a team will feature an NFT on the vehicle’s livery. The…