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Formula 1 Announces Brand-New Crypto.com Overtake Award

Formula One launched the new Crypto.com Overtake Award on August 24th, which will honor the driver who accomplishes the most overtakes throughout the season. The award, which is named after crypto.com’s crypto partner, is up for grabs alongside those for the fastest lap and shortest pitstop. Formula One drivers will fight for a new year-end reward in 2021. It is a thrilling prospect for racers all over the world to be awarded a prize for their outstanding abilities.

This is the first award to honor overtakes, and it’s offered by Crypto.com, a brand-new partner.

The award is meant to celebrate drivers who take risks in the pursuit of victory, and each driver will be presented with a trophy and their names will go down in history. This is an excellent opportunity for drivers to create a record that will allow them to showcase their abilities.

It should be evident by now that the Crypto.com award will only be given to the driver who has made the most overtakes throughout the 2021 FIA Formula One Series, with the champion receiving a trophy at the end of the final. This comes as a positive motivator for the competitive racers competing in this season.

As conflicts rage throughout the pitch, fans are already thrilled to watch an exciting season. It will be a rare opportunity for audiences to see World Record holder Sebastian Vettel, who leads the list of most overtakes, compete. After the summer break, the return to action in Belgium will mostly consist of Crypto.com infographics during the show to signal overtaking opportunities and let spectators keep track of the drivers’ performance.

During each race, new broadcasting images will be released live to highlight overtaking opportunities and potential maneuvers and let fans track drivers’ progress towards the Crypto.com Overtake Award.

The honor cements F1’s partnership with Crypto.com, which began in July when the world’s most powerful cryptocurrency network was designated the sport’s seventh Worldwide Sponsor and Official Partner of this season’s three F1 Sprint Events. Both investors and competitors favorably received the maiden Sprint event at Silverstone, and the next trial rounds have been scheduled for Monza in September. Other Crypto. com-branded material will be made available on the official F1 social networking sites and through its digital services.

To summarise this decision, it will be appropriate to say that F1 is committed to assist in the growth of sports interests. This unique new prize will be presented to a driver in the center of the pack who can undertake numerous overtaking maneuvers, as one might expect. Some social media critics claimed that it could be a reward for terrible qualification, with top drivers starting from the back row more likely to make numerous overtakes during the race.

Aarav Ghosh: Aarav Ghosh is a sub editor and contributor to NameCoinNews who specializes in covering latest stories and headlines of cryptocurrencies and blockchain. Additionally, he also covers latest news related to FinTech industry. He is a firm believer of next big transformation of world economy in terms of digitalization.