Skip to content

MotoGP signs multi-year sponsorship with Romanian crypto firm

MotoGP signs multi-year sponsorship with Romanian crypto firm

For the next three seasons, the Austrian Grand Prix will be sponsored by CryptoDATA Tech, a Romanian firm that develops hardware and software cybersecurity solutions based on blockchain technology

The Grand Prix of Red Bull Ring – Spielberg, will be formally known as the CryptoDATA Motorrad Grand Prix von Osterreich, as CryptoDATA Tech will take top billing at the Grand Prix as a title sponsor, as per a press release by MotoGP on July 25.

In particular, the crypto tech firm offers products and services with distinctive cybersecurity characteristics suitable in a variety of fields owing to the integrated features based on blockchain tech and encryption while also being eco-friendly.

Co-founder and Chief Executive Officer of CryptoDATA Tech, Ovidiu Toma, said: 

“We are incredibly pleased to start our partnership with Dorna Sports as we become the first Romanian company to take over title sponsorship for Grand Prix events.” 

He added: 

“We want to show that blockchain technology can power positive initiatives for environmental change, for people, and the motorsport community on and off track, as it represents one of the most transparent and secure technologies with high applicability in various fields outside the crypto sphere.”

‘Perfect partnership’ between two innovators

Notably, Cryptodata Tech caters not only to the requirements of its business partners but also to those of users of technology all over the globe by developing individualized products.

Chief Commercial Officer at Dorna Sports, Manel Arroyo, who announced the move together with CryptoDATA, noted that because MotoGP is founded on development and innovation, the collaboration is well suited to the sport. 

“We’re delighted to announce CryptoDATA as the title sponsor of the Austrian Grand Prix for the next three editions. MotoGP is grounded in innovation and invention, making this the perfect partnership,” he said.

Given that CryptoDATA Tech protects personal information and digital privacy on a global scale using blockchain technology, it enables private and secure communication between users and, consequently, amongst motorsport fans.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in 70+ cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. eToro USA LLC does not offer CFDs, only real Crypto assets available. Don’t invest unless you’re prepared to lose all the money you invest.

Read Next:

Weekly Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.