{"id":247896,"date":"2021-05-12T19:15:00","date_gmt":"2021-05-12T16:15:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-car-will-race-at-the-indianapolis-500\/"},"modified":"2021-05-12T19:15:00","modified_gmt":"2021-05-12T16:15:00","slug":"bitcoin-car-will-race-at-the-indianapolis-500","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-car-will-race-at-the-indianapolis-500\/","title":{"rendered":"# Bitcoin car will race at the Indianapolis 500"},"content":{"rendered":"

“# Bitcoin car will race at the Indianapolis 500 <\/strong>”<\/p>\n

A car and driver branded with the Bitcoin logo will be racing in circles against 32 others in this month\u2019s Indianapolis 500.<\/p>\n

According to a blog post from Zap CEO Jack Mallers, U.S. racing driver Ed Carpenter will<\/a> be in control of the \u201corange-spotted, Bitcoin-covered, engineering beast\u201d scheduled to app<\/a>ear at the Indy 500 on May 30. Carpenter, who became a Bitcoiner over the last year, reportedly forfeited all traditional sponsors in favor of driving the Bitcoin (BTC) car, #21 in the event.<\/p>\n

\u201cI don\u2019t want to race for chips or beer this year,\u201d said Carpenter. \u201cI\u2019ve worked my entire life to race at the Indy 500 and have earned the platform that I have, and this year, I want to find a way to incorporate Bitcoin.\u201d <\/p>\n

Source: Jack Mallers<\/em><\/figcaption><\/figure>\n

Mallers and the racecar driver are continuing to raise donations from crypto enthusiasts and plan to use 70% of all proceeds to fund open-source Bitcoin development, with the remaining used to fund the Bitcoin car and for Indianapolis charities. Ross Stevens, executive chair of New York Digital Investment Group, reportedly pitched in $250,000, with Mallers contributing $25,000 and his Strike payments and remittances app donating $100,000. Other notable contributors include Anthony \u2018Pomp\u2019 Pompliano, NFL star Russell Okung, and Peter McCormack, host of the What Bitcoin Did<\/em> podcast.<\/p>\n

\u201cThis isn\u2019t the Strike car, the Coinbase car, the Kraken car […] this is the Bitcoin car,\u201d said Mallers. \u201cIn a world of potato chip and energy drinks sponsors, Ed chose to race for human freedom, financial literacy, financial inclusivity, savings technology<\/a>, and Bitcoin open-source development.\u201d<\/p>\n

Crypto has found its way into racing events before. Last year, a Cash App car driven by\u00a0Darrell ‘Bubba’ Wallace, featured the iconic BTC logo in NASCAR’s top racing series<\/a>. In addition, Crypto.com partnered with Aston Martin to sponsor the car manufacturer’s Formula 1 team.<\/p>\n