Formula 1 news and trends

FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit
Legal // November 28, 2023

Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz Group AG’s racing team. The investors allege that these entities aided and abetted the fraud orchestrated by FTX, adding to...

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J.P. Morgan Payments Powers Merchandise Transactions for Formula One Organizer

May 03, 2024
J.P. Morgan Payments is facilitating purchases of merchandise for a Formula One race in Miami, both in-store and online. The firm is doing so in an expanded partnership with South Florida Motorsports (SFM), the organizer of the Formula One Crypto.com Miami Grand Prix being held May 3-5, the companies said in a Friday (May 3) press […]

FTX Investors Add MLB and Formula 1 to Class-Action Lawsuit

November 28, 2023
Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz Group AG’s racing team. The...