INDIANAPOLIS (AP) — Should he win one of auto racing’s crown jewel races, Conor Daly would gladly take the seven-figure payout awarded to the Indianapolis 500 champion and deposit traditional American cash straight in his bank.
Oh, and throw in some digital dollars, too.
“We have bitcoin bonuses in our contract, so we win,” Daly said, smiling, “then there will be some bitcoin floating my way.”
The IndyCar driver is among a growing number of athletes getting in the crypto game. At Indy, where culture is traditionally steeped in bricks more than bitcoin, the shift to cryptocurrency sponsorship may still be a curious concept to the almost 300,000 fans who will pack the track Sunday. But inside the paddock -- and locker rooms around the sports world - new forms of digital money help pay the bills and salaries for teams and athletes.
Team owner Ed Carpenter is a staunch advocate for cryptocurrencies. Ed Carpenter Racing is better known in the paddock during May as the Bitcoin Racing Team...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...