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Red Bull Racing is presenting a one-of-a-kind NFT for bids during the Monaco Grand Prix weekend.

Red Bull Racing

Red Bull Racing is holding an  NFT auction During the Grand Prix in Monaco, the auction—being the second NFT drop for the F1 series—offers a digital driving simulator and the chance to claim the physical version, along with additional merchandise. The highest bidder will receive a digital replica of the 'Oracle Red Bull Racing Monaco Playseat'.

This unique NFT package also includes a real Esports rig that was actively used in the Monaco race, featuring the Fanatec Podium F1 wheel, the wheelbase, and CSL Elite pedals. The auction commenced on Thursday, May 26, and is set to conclude on Tuesday, May 31, with this NFT available on the Bybit NFT market, minted on the Tezos blockchain. Currently, there are two bidders, and the leading bid stands at 350,000 XTZ, roughly translating to $640.50.

According to Christian Horner, Principal of Red Bull Racing, \"Each exclusive piece encapsulates a significant moment for our team with remarkable clarity. These NFTs are crafted to plunge our fans into our universe, sharing our quest for triumph and capturing memorable milestones from our history. It's only fitting to debut this latest collection in Monaco. Thanks to our innovative partnerships with Bybit and Tezos, leaders in the vibrant digital asset arena, we can offer limited editions of future F1 treasures to our global fanbase in a way that's engaging, accessible, and cost-effective.\" said This statement comes from Christian Horner, who leads Red Bull Racing.

Last November, Red Bull Racing teamed up with Tezos for launching an NFT collection tied to the Mexican Grand Prix, featuring local driver Sergio ‘Checo’ Perez. Sergio made history as the first Red Bull racer to enter an NFT collection. This drop encompassed 1,000 distinctive NFTs that depicted the Mexican circuit, the Red Bull Honda Racing squad, and Sergio’s F1 vehicle.

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