Singapore Hits the Brakes on Crypto Ads at F1 Grand Prix has paid thousands and thousands to sponsor Formulation One. When the occasion involves Singapore later this month, that would imply numerous empty area.

The corporate has been a part of a drive by cryptocurrency companies to plaster their logos throughout F1, a high-octane sport whose viewers has grown lately. Crypto mogul Sam Bankman-Fried’s FTX Buying and selling Ltd. has a cope with Mercedes, Binance has signed on with Alpine, and Bybit has teamed up with Crimson Bull.