OKX and McLaren F1 Team have upgraded their partnership, with the brand logo appearing on the new car's side pod livery

On January 18, global leading cryptocurrency exchange and Web3 technology company OKX announced an upgraded partnership with the McLaren F1 team. In addition to the existing brand display, the OKX logo will appear on the side pod livery of McLaren's new race car and will be showcased at 20 major events in the 2024 F1 season.

The side pod livery of McLaren's new race car featuring the OKX logo is inspired by the "invisible mode" livery designed collaboratively by OKX and McLaren, unveiled in September 2023.

OKX Chief Marketing Officer Haider Rafique stated, "We are very excited to be part of McLaren F1's new season 'Whatever It Takes' campaign. We love the spirit that McLaren brings to the 2024 season, and we are also thrilled to see the design elements we co-created in Singapore integrated into this year's design. This year will be special for McLaren and an epic moment for our partnership."

McLaren Racing CEO Zak Brown said, "Last season we brought some exciting activities to fans, and now our collaboration with OKX has taken it to the next level. I look forward to expanding our partnership on this successful foundation, allowing the innovative and forward-thinking OKX brand to maintain a leading and central position in the fast-paced world of F1."

The expansion of cooperation between OKX and the McLaren F1 team is an important step in connecting Web3, blockchain, and elite motorsport, bringing fans and Web3 enthusiasts closer to the intersection of technology, innovation, and speed.

About OKX

OKX is a leading technology company aimed at building the future of Web3. OKX has developed virtual asset applications that combine speed and reliability, favored by over 50 million investors and professional traders worldwide.

OKX's industry-leading self-custody solutions include the OKX Web3 wallet service, allowing users to increase their custody of virtual assets while exploring DEX, NFT markets, DeFi, GameFi, and thousands of dApps.

OKX closely collaborates with world-class brands and athletes, including Premier League champions Manchester City F.C., McLaren F1 Team, Tribeca Festival, golfer Ian Poulter, Olympic snowboarder Scotty James, and F1 driver Daniel Ricciardo.

OKX is committed to enhancing transparency and security, publishing its reserve proof reports monthly. For more information about OKX, please download our app or visit: okx.com

About McLaren Racing

The McLaren team was founded 60 years ago in 1963 by driver Bruce McLaren. The team made its debut in Formula One racing in 1966. Since then, McLaren has won 20 Formula One World Championships, 183 Formula One Grands Prix, 3 Indianapolis 500 races, and its first attempt at the Le Mans 24 Hours endurance race.

McLaren Racing participates in five series. The team will compete in the FIA Formula One World Championship in 2023 with McLaren F1 drivers Lando Norris and Oscar Piastri, in the NTT INDYCAR Series with Arrow McLaren drivers Pato O'Ward, Alexander Rossi, and David Malukas, in the ABB FIA Formula E World Championship with NEOM McLaren Formula E drivers Jake Hughes and Sam Bird, and in the Extreme E Championship with NEOM McLaren Extreme E drivers. The team also competes in the F1 Esports Pro Championship as McLaren Shadow and won the 2022 Team Championship and Driver Championship.

McLaren is an advocate for sustainability in the sport and a signatory of the United Nations Sports for Climate Action initiative, committed to achieving net-zero emissions by 2040 or sooner and fostering a culture of diversity and inclusion in motorsport. McLaren Racing Official Website

Disclaimer

This announcement is for informational purposes only. This announcement is not intended to provide any investment, tax, or legal advice and should not be construed as an offer to buy, sell, or hold virtual assets. Holding virtual assets, including stablecoins, carries a high risk, and market volatility may be significant, and you may even lose the entire value of your assets. You should carefully consider whether trading or holding virtual assets is suitable for you based on your financial situation and risk tolerance. OKX does not provide any investment or asset advice. You are solely responsible for the investment decisions you make, and OKX will not be liable for any losses. Past performance is not indicative of future results. If you have any questions about your specific situation, please consult your legal/tax/investment advisor.