PANews reported on December 20 that according to Formula 1 official news, Crypto.com and F1's cooperation agreement has been extended to 2030. This cooperation started in 2021, during which time F1's cumulative TV audience reached 1.5 billion, with 750 million fans worldwide, and Crypto.com's user base has also grown to over 100 million. In the new agreement, Crypto.com will focus on creating unique experiences for fans at multiple Grand Prix events, while continuing to serve as the official title partner of the F1 Crypto.com Miami Grand Prix.
It is reported that the Formula 1 competition started in 1950 and is the most prestigious racing competition in the world and the most popular annual sporting event in the world.