Andretti autosports - Avalanche

Electric racing team Andretti Autosport recently announced Avalanche as its new crypto sponsor. This partnership will give an eco-friendly impulse to the racing industry.

Formula-E is proud of using electric vehicles instead of gas. Therefore, they are environmentally friendly and make efforts to reduce their carbon footprint with the Avalanche – Andretti Autosports partnership.

According to the annoucement, On October 20th, Avalanche has teamed with Andretti Autosports to serve as the headline sponsor for Andretti’s ninth season in the ABB FIA Formula E World Championship.

Michael Andretti, CEO of Andretti Autosports, said: “I think racing the Formula E series with us is an ideal place for blockchain, and the work Avalanche has done to create a fast and sustainable solution makes it a perfect fit for us.”

He also said: “Not only do we share in the goal of winning on the track, but we also share in the belief that blockchain technology can make a positive impact on the world of motorsport. This opens opportunities for new ways to engage with fans and a chance to introduce state-of-the-art technology into various areas of the team.”

More about Avalanche – Andretti Autosports Partnership

Avalanche is one of the blockchain industry’s quickest smart contracts platforms in terms of efficiency. It is extremely quick, inexpensive, and environmentally friendly. Also, Avalanche has been a pioneer in decentralized finance and non-fungible currencies since its inception in September 2020..

John Wu, President of Ava Labs, said: “Andretti and Avalanche are all proving that you don’t have to sacrifice high-powered performance when choosing to be eco-friendly. We all have a responsibility to combat the climate crisis, and this partnership aligns pioneers leading the charge in their respective industries.”

More about Andretti Autosports

Andretti Autosports debuted in 2011 and is the premier worldwide championship for electric racing. On the other hand, Formula E is the only sport to be recognized as having a net-zero carbon impact.

Therefore, the ABB FIA Formula E World Championship offers spectacular racing to some of the world’s most famous locations. Moreover, the tournament provides an elite motorsport platform for the world’s best automobile manufacturers.

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