The Austrian Grand Prix will have a three-year sponsorship arrangement from 2022 to 2024 with CryptoDATA Tech, a company that creates blockchain-based cybersecurity solutions for diverse clients.
The companies revealed on Monday that Dorna Sporting, the owner of the MotoGP commercial rights, had signed a multi-year sports agreement with the Romanian cryptocurrency company Cryptodata Tech.
What Did the Firm Say?
According to the firms, CryptoDATA will serve as the title sponsor of the Austrian Grand Prix MotoGP for the ensuing three racing seasons from 2022 to 2024. According to information in the press release, the blockchain security company will also have top billing at the 2019 Red Bull Ring-Spielberg Grand Prix.
Due to the partnership, the Red Bull Ring – Spielberg Grand Prix will be dubbed the CryptoDATA Motorrad Grand Prix von Austria.
“We are excited to announce CryptoDATA as the Austrian Grand Prix’s title sponsor for the following three races. Since MotoGP is built on invention and innovation, this alliance is ideal. We’re thrilled to announce a three-event partnership with CryptoDATA. We can’t wait to watch them dominate in the Red Bull Ring, one of the most breathtaking venues on the calendar, said Manel Arroyo, Chief Commercial Officer of Dorna Sports.”
Ovidiu Toma, co-founder, and CEO of CryptoDATA Tech, said in a response that the partnership would allow the company demonstrates how blockchain technology projects can benefit the environment and the larger community, especially on and off the track.
Everyone will enjoy the outcomes of the relationship, he continued.
The dates for the CryptoDATA Motorrad Grand Prix von Austria in 2022 are August 19–21.