Bitcoin is coming to Formula Indy!
When it comes to finding nontraditional sponsors for the Indianapolis 500, Ed Carpenter Racing (ECR) is on another level. Carpenter, the three-time pole in Formula Indy, set an incredibly high standard last year when the United States Space Force adorned its No. 20 Ed Carpenter Racing Chevy, and thanks to the rapid growth of the cryptocurrency, ECR will introduce Bitcoin to the event as sponsor of Rinus VeeKay’s Chevy # 21.
“I couldn’t be more excited that this project is becoming a reality. Bringing my personal interest and immersion in Bitcoin into our industry is historic, ”said Carpenter.
“Just as Bitcoin is revolutionizing our financial system, I see this as an opportunity to transform the way we operate in our own auto industry.”
According to ECR, VeeKay’s car will be funded by crowdfunding.
“Ed Carpenter Racing has partnered with Strike to raise funds on behalf of the Bitcoin community and to support all activities necessary for the month of May,” he wrote.
“Strike will take care of all payments and donations for the effort through its network and payment application. The Bitcoin car is for people and is supported by them. A unique QR code allows the world’s first peer-to-car contribution model, allowing anyone in the world to donate. Bitcoin has a fixed supply of 21 million, with nothing else to do and the ECR is honored to represent Bitcoin at number 21 ”.
RACER understands that the team has been successful in its fundraising efforts through Strike, with Carpenter confirming that the Indy 500 budget has already been raised.
“Ed’s message is simple; he doesn’t want to compete for chips or soft drinks in the Indy 500, ”said Jack Mallers, founder of Strike.
“This year, Ed is competing for human freedom, financial education, financial inclusion and is using the platform he has achieved throughout his career to promote the most powerful message possible to propel humanity. We are extremely proud to support your efforts. ”
ECR took it a step further by giving its employees the option of having their paychecks delivered in the form of Bitcoin.