NASCAR is allegedly walking back their approval of a partnership between Brando Brown and the LGBcoin.
is walking back its approval of driver Brandon Brown's sponsorship with LGBcoin after initially approving the deal, according to Brown's spokesperson.its partnership with LGBcoin on Dec. 30, and said that the cryptocurrency meme coin's logo would be displayed on Brown's Chevrolet Camaro for all 33 races of the NASCAR Xfinity Series.However, Brown's spokesperson Maxwell Marcucci told FOX Business that NASCAR pulled back its approval of the sponsorship deal on Dec.
According to the statement, the approval of the partnership was "unambiguous" as an opening portion of the email from the official said "The sponsors are approved..." Brandon Brown, driver of the #68 KickinTheTires.net/Brandon Davis Music Chevrolet, waits on the grid prior to the NASCAR Xfinity Series Tennessee Lottery 250 at Nashville Superspeedway on June 19, 2021 in Lebanon, Tennessee.
In the Brandonbilt Motorsports press release, James Koutoulas, LGBcoin "HODLer" and founder of Typhoon Capital Management said that he hopes individuals hear "Let's Go Brandon" when thinking of the coin.