Renault: multi-year partnership between Alpine F1 and ApeCoin
May 03, 2024 at 11:48 am EDT
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Renault announces that its F1 team, the BWT Alpine F1 Team, has signed a multi-year partnership with the APE Foundation, the legal representative of ApeCoin, billed as 'the world's first Web3 cultural token'.
This cooperation will launch ApeCoin into the Alpine Formula 1 ecosystem, uniting all token holders through race events, Web3 integrations and programming created with Alpine and ApeCoin token holders.
"Following the ApeCoin community's decision to create ApeChain, we chose to partner with a global team that shares our values, including a commitment to strong culture and cutting-edge technology," said Hervé Larren, APE Foundation Special Council Member and co-author of ApeChain.
This fearless intersection of Web3 and motorsport is set to reach millions of fans with every race, providing an unprecedented platform for cryptocurrency as disruptive technology embarks on a digital renaissance, led and shaped by the global ApeCoin community.
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Renault is one of the world's leading automobile constructors. Net sales break down by activity as follows:
- sale of vehicles (91.9%): 2.2 million passenger and commercial vehicles sold in 2023, distributed by brand between Renault (1,548,748), Dacia (658,321), Renault Korea Motors (21,980), Alpine (4,328) and other (1,968);
- services (8.1%): financing services for vehicle sales (purchasing, renting, leasing, etc.; RCI Banque), related services (maintenance, warranty extension, assistance, etc.) and mobility services.
At the end of 2023, the group had 38 industrial sites worldwide.
Net sales are distributed geographically as follows: France (29.2%), Europe (49.3%), Americas (8.7%), Eurasia (6.1%), Asia/Pacific (3.5%), Africa and Middle East (3.2%).