Formula One news and trends

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

Crypto Firms Put Brakes on F1 Sponsorships as Market Slows
Cryptocurrency // November 07, 2022

When the cryptocurrency market was booming, sponsoring a Formula One racing team became something of a status symbol for digital asset companies. But as Bloomberg News reported Monday (Nov. 7), as the crypto market has slowed, so too have those high-profile, high-price sponsorships. The report...

F1 Teams Deploy APIs for Edge on Track, in Stands
API // June 17, 2022

When members of a Formula One (F1) racing team are working at the track, they’re not just carrying tools and containers of fuel — they’re also holding tablets that help them use data delivered through application programming interfaces (APIs). “It’s fascinating how technology plays a...

Italy’s Late B2B Payments Surge 80 Percent
B2B Payments // April 27, 2020

The coronavirus pandemic has undoubtedly impacted B2B supplier payment practices as more companies struggle to manage cash flow with shuttered stores and disrupted supply chains. Some of the markets worst-hit by the pandemic — namely, Italy, Spain and France — have experienced some of the...

Quick Reads
Crypto.com Looks to Sports to Capture Non-Crypto Audience 

May 05, 2024
Crypto.com wants to increase its sports sponsorships to reach a wider audience. The company is targeting sports as a driver to reach non-crypto enthusiasts and “will double down on our strategy,” Chief Marketing Officer Steven Kalifowitz told Bloomberg News on Sunday (May 5) ahead of Formula One’s Miami Grand Prix, which Crypto.com is sponsoring. Crypto.com has lent its […]

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...

Crypto Firms Put Brakes on F1 Sponsorships as Market Slows

November 07, 2022
When the cryptocurrency market was booming, sponsoring a Formula One racing team became something of a status symbol for digital asset companies. But as Bloomberg News reported Monday (Nov. 7),...