Formula One Embraces Crypto: Aston Martin Aramco’s USDC-Paid Partnership with Coinbase

Mon Feb 17 2025
Aston Martin Aramco's partnership with Coinbase, paid entirely in USDC, marks a significant milestone in the intersection of cryptocurrency and sports sponsorship. This groundbreaking deal highlights the growing role of stablecoins in global business transactions and sets the stage for more innovative financial collaborations in the future.

⚙️ Aston Martin & Coinbase Make F1 History with Crypto-Powered Deal

Aston Martin Aramco and Coinbase just pulled off a first-ever move in Formula One: their new sponsorship deal will be paid entirely in USDC, a stablecoin pegged to the US dollar. This marks the first time in F1 history that a sponsorship agreement is settled in crypto. So, what does this mean for the sport and the future of digital finance? Let's break it down.


🚀 Crypto Enters the Fast Lane

Founded in 2012, Coinbase has been a key player in bringing crypto to the mainstream, helping over 560 million people engage with digital assets. Now, with this Aston Martin Aramco partnership, they're making a statement: crypto is here to stay in major sports.

Why is this a big deal?

  • 💰 It shows crypto’s growing legitimacy in global business.
  • 🏆 F1 is a tech-driven sport, making it the perfect space for blockchain adoption.
  • 🚀 It signals that stablecoins like USDC can be used for major corporate transactions.

🏎️ What’s in the Deal?

This multi-year agreement puts Coinbase branding on Aston Martin’s AMR25 car, including the halo and rear-wing end plate. Drivers Fernando Alonso and Lance Stroll will also rock Coinbase logos on their suits.

But the real game-changer? The deal is 100% settled in USDC, proving that stablecoins are more than just a niche financial tool—they're becoming a practical way to handle major corporate transactions.


✨ Why USDC?

Unlike Bitcoin or Ethereum, USDC is a stablecoin, meaning it’s designed to maintain a steady value of $1. That makes it ideal for high-value deals where price fluctuations aren’t an option.

Key advantages of USDC in sponsorships:

  • 💳 Price stability – No volatility like traditional cryptocurrencies.
  • 📈 Faster transactions – No waiting on banks, payments are nearly instant.
  • 🌐 Global accessibility – USDC is borderless and operates 24/7.

🌟 What They’re Saying

Jefferson Slack, Aston Martin Aramco’s Commercial Director:
“This partnership highlights our trust in Coinbase as a leader in digital finance. Paying entirely in USDC shows our commitment to innovation.”

Gary Sun, VP of Marketing at Coinbase:
“This is a major milestone—not only our first F1 partnership, but also the first-ever crypto-only sports sponsorship at this scale.”


🌟 The Future of Crypto in Sports

This partnership is more than just branding—it’s a sign that crypto and sports are merging in a big way.

What’s next?

  • 🤝 More crypto sponsorships in major leagues.
  • 🛠️ Blockchain-powered fan engagement tools.
  • 💎 Growth in crypto adoption among traditional businesses.

For now, Aston Martin and Coinbase are leading the charge, showing that crypto isn’t just for traders—it’s a real financial tool that’s shaping global industries.


🔥 TL;DR

  • Aston Martin Aramco & Coinbase sign F1’s first fully crypto-sponsored deal
  • Paid entirely in USDC, a stablecoin pegged to the US dollar
  • Coinbase branding will be on the AMR25 car & driver suits
  • Shows crypto’s growing role in global business & sports sponsorships
  • Signals that stablecoins are ready for mainstream corporate transactions

Is this the future of sports sponsorships? Let’s see if other teams follow Aston Martin’s lead. 🚀

Recent News

All Time High • Live

Have questions or want to collaborate? Reach us at: info@ath.live