COTA launches NFTs ahead of F1 and MotoGP races

Two pieces to be auctioned off on OpenSea.io NFT marketplace.

by Georgina Yeomans

COTA launches NFTs ahead of F1 and MotoGP races
  • NFTs created in collaboration with Art Space Motion
  • Each piece to be auctioned off with a reserve price of US$25,000
  • NFTs will come with two tickets to F1 or MotoGP races

The Circuit of the Americas (COTA) has announced that it is launching a pair of non-fungible tokens (NFTs) ahead of its MotoGP and Formula One races.

Created in partnership with New York-based agency, Art Space Motion, the pieces will be auctioned off on NFT marketplace OpenSea.io.

Both NFTs are a 360-degree panoramic view of COTA, and each piece will be auctioned off with a reserve price of US$25,000.

Additionally, each NFT includes two VIP passes for the Formula One and MotoGP races at COTA, either in 2021 or 2022.

"Circuit of The Americas hosts some of the world's most iconic sports and entertainment events," said Bobby Epstein, chairman of COTA.

"Just as visitors realise how unique and special COTA is, we know collectors will appreciate the significance behind our designs as well as the premium hospitality associated with the winning bids."

MotoGP will race at COTA on 3rd October ahead of Formula One's US Grand Prix, which will take place on 24th October.