AlphaTauri increases its partnership with Fantom

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Scuderia AlphaTauri has announced its latest global partnership with the highly scalable blockchain platform, Fantom ahead of the 2022 FIA Formula One season.

Fantom is one of the fastest and most eco-friendly smart contract platforms in the world. It’s blockchain technology is revolutionising the user experience with low transaction costs, high security protocols and scalability, making it ideal for DeFi applications and solving real- world issues.

The Fantom logo will not only be present on the nose and halo of the new AT03, but also on the helmet and cap of both drivers, as brand ambassadors of the Fantom project.

Pierre Gasly commented: “Formula One has never shied away from the future or the challenges that are present, and we drivers are always eager to anticipate where the next leap forward will come from. I have been an ardent supporter of crypto for some time now, and the possibilities offered by the Fantom technology are incredibly exciting to me.

"For example, I was overjoyed by the success of my first NFT drop, which I did with Fantom last year and opened my eyes to a completely new way of fan engagement. I am very much looking forward to help educating our fans more about this new technology which I find fascinating."

Yuki Tsunoda added: “I am grateful for the opportunity to become part of the Fantom project. I got to know Harry Yeh and the Fantom team last year and felt quickly that their creativity, innovative spirit and tireless work ethic is a perfect fit with our team. I am very excited about the projects we have planned for this season.”

Harry Yeh, Quantum Fintech Group Managing Director said: “We are thrilled to continue our journey with Scuderia AlphaTauri, which started last year in Monaco. Pierre has supported our Fantom project since the early days and we are excited that over the last year also Yuki and the entire Team have promoted the Fantom Foundation. Together with them we want to bring this new technology closer to the fans by presenting its capabilities.

"For over 70 years Formula 1 has represented the pinnacle of motorsport and has always been associated with speed and security and operated as a platform to showcase the newest technologies around the globe. This very much aligns with our ethos and hence I cannot think about a better platform to showcase the Fantom blockchain technology.”

Team Principal Franz Tost said: “It is a great pleasure to be involved with a partner like Fantom and to cooperate with such a visionary person like Harry Yeh. We live in a world where cryptocurrencies cannot be ignored and the impact of blockchain technology is everywhere, from finance to supply chain applications, as well as contract management. Motorsport is well known for relentlessly developing new technologies which improve the sport and have a real-world impact.

"I can see the same motivation behind the blockchain movement, and I believe that this technology has the potential to fundamentally change everyone’s life, including of course our industry in Formula 1.”