Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season Post author:MiamiCrypto Post published:January 8, 2023 Post category:fan tokens / ftx / sport The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives. You Might Also Like Onchain Data Reveals Alameda Acquired Specific Tokens a Month Before FTX Listings November 15, 2022 FTX Contagion is Spreading. Here’s How to Keep Your Crypto Safe November 17, 2022 FTX’s Sam Bankman-Fried Wants to Launch a New Token After Prison June 17, 2026