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Wolff calls for greater crypto regulation after FTX collapse

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Mercedes Team Principal Toto Wolff has called for greater regulation of cryptocurrencies, following the bankruptcy of team sponsor FTX. The cryptocurrency exchange company had prominent branding on the Mercedes W13 and driver race suits, but the eight-time Constructors' Champions removed all FTX logos ahead of the Brazilian Grand Prix after FTX filed for bankruptcy on 11 November. Discussing the firm's collapse, Wolff expressed his disbelief and said the sector needed greater regulation to avoid such instances in future. "It's difficult, because we all know that crypto has relevance," Wolff told media, including TheFOXposts.Com . "I strongly believe in blockchain as a way of transactions in the future, but the situation is very unfortunate. "We considered FTX because they were one of the most credible and solid, financially sound partners that were out there, and out of nowhere, you can see that a crypto company can basically be on its kne...

Exclusive: Horner on the 'inevitability' of the 2022 regulation changes

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Christian Horner believes that Formula 1 fans will be treated to a tighter battle for the championships in 2023, following Red Bull's unprecedented dominance. Following one of the biggest regulation overhauls in Formula 1 history, the Red Bull team fought against Ferrari's early pace and their own reliability issues to emerge as the dominant force of the 2022 season. In winning the development race against Ferrari, the RB18 was driven to 17 Grand Prix victories in the hands of championship winning Max Verstappen and teammate Sergio Perez. However, any major shake up of the grid order, to the scale of what was witnessed after the 2009 season regulation change s, did not materialise, with the top three teams consisting of Red Bull, Ferrari and Mercedes. Such was the performance of these teams, there was only one podium finish for the remaining seven teams: McLaren's Lando Norris at the Emilia Romagna Grand Prix. Speaking in an exclusive interview with TheFOXp...