The Formula 1 car for the Williams Racing team will feature an excerpt from the Bitcoin white paper, the result of a sponsorship deal with US-based cryptocurrency exchange Kraken.
In a March 31 tweet, Kraken presented its legendary sea monster logo contained text from the opening of the 2008 document released by creator Satoshi Nakamoto in 2008. The Kraken logo appeared to include the entire summary and introduction, as well as the transaction and server timestamp sections of ‘Bitcoin: A Peer-to-Peer Electronic Cash System’.
YEAH! That is the Bitcoin White Paper on the @williamsracing f1 car
Who said #Bitcoin It is not fast!? pic.twitter.com/HSRMpPHihr
— Kraken Exchange (@krakenfx) March 31, 2023
The cryptocurrency exchange announced on March 28 that it would be partnering with the Williams Racing F1 team as part of a Web3 and sponsorship deal. The deal marked one of the first times a cryptocurrency company had sponsored an F1 team since many similar deals fell through amid the 2022 market crash.
Related: Formula One Files ‘F1’ Trademarks Covering Crypto, NFT and Metaverse
Practice for the next Formula One event is currently underway at the Australian Grand Prix in Melbourne, with the feature race scheduled for April 2. attended the 4-day event in person.
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