Grand Prix Motorcycle Racing (MotoGP) commercial rights holder, Dorna Sports recently entered into a multi-year partnership with CryptoDATA Tech, a Romanian blockchain based data encryption and security developer.
According to the announcement, CryptoDATA Tech will be title sponsor for the Austrian Grand Prix from 2022 to 2024 and will assume top billing at the Grand Prix of Red Bull Ring – Spielberg, which will officially be renamed CryptoDATA Motorrad Grand Prix von Osterreich.
“MotoGP is grounded in innovation and invention, making this the perfect partnership. Its fantastic to sign a three-event deal with CryptoDATA and we look forward to seeing them take top billing at the Red Bull Ring; one of the most spectacular backdrops on the calendar. Manel Arroyo, Chief Commercial Officer of Dorna Sports said.
The Romanian blockchain-based cybersecurity firm signed a three-year sponsorship contract with MotoGP. CryptoDATA Tech Co-Founder Ovidiu Toma commented on how excited they are about the possibilities of exposing the benefits of blockchain technology positive impact to the environment and the motorsport community.
Ovidiu Toma, CryptoDATA Tech co-founder and CEO stated:
“We are incredibly pleased to start our partnership with Dorna Sports as we become the first Romanian company to take over title sponsorship for Grand Prix events. We share their commitment to innovation, and we want to show that blockchain technology can power positive initiatives for environmental change, for people, and the motorsport community on and off track, as it represents one of the most transparent and secure technologies with high applicability in various fields outside the crypto sphere.”
The 2022 CryptoDATA Motorrad Grand Prix von Osterreich will be held from August 19th to 21st.