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Autograph, INDYCAR team up to launch an exclusive NFT collection

Autograph, INDYCAR team up to launch an exclusive NFT collection

Last updated 5th Aug 2022
Disclosure
  • The three-part NFT collection seeks to pay homage to the Indy 500 motorsports event.
  • The collection comprises a unique NFT depicting Team Penske’s race-winning 1972 car.
  • Fans that bought a ticket for the event will get a free 2022 Indianapolis 500 Race Day NFT.

Autograph, a Tom Brady-co-founded web3 brand, has teamed up with INDYCAR, Indianapolis Motor Speedway, and Team Penske to launch an exclusive non-fungible token (NFT) collection. INDYCAR announced this news yesterday, noting that this NFT collection seeks to mark the 106th Indianapolis 500 race, which is slated for May 29.

According to the announcement, the companies teamed up to create a unique three-part NFT collection. The first part of the collection features an exclusive redeemable 2022 Indianapolis 500 Race Day NFT. This NFT is free to everyone that purchased a seat at the motorsports event. All Indianapolis 500 ticket holders can redeem NFT and unlock additional content.

The second part comprises an NTT INDYCAR SERIES Mystery Driver Container, featuring 33 distinctive driver cards, one for each of the highly skilled athletes competing in this year’s race. INDYCAR and Autograph teamed up on the Mystery Driver Container. The firms plan to avail 1,089 mystery containers for sale on Monday, May 23, and unlock them on May 27.

Finally, Autograph partnered with Team Penske to create a one-of-a-kind NFT, which features a 3D recreation of Team Penske’s race-winning 1972 car. This NFT pays tribute to the 50th anniversary of the team’s first Indianapolis 500 win.

Celebrating the future of the Indy 500

Commenting on this development, Autograph co-founder and CEO Dillon Rosenblatt said,

The Greatest Spectacle in Racing’ is ready for its first official leap into the world of Web3, and Autograph is honored to be the partner to make that a reality.

He added that this collection pays homage to the Indianapolis 500’s illustrious past and celebrates its future. Rosenblatt further noted that they created each NFT carefully to get a unique collection that offers fans new types of utility while bringing them closer to the sport and event they love.

Elated about bringing the Indy 500 into the web3 ecosystem, Penske Corp Executive Vice President Jonathan Gibson said,

We’re thrilled to offer this NFT collection in partnership with Autograph for our dedicated, loyal, and engaged fans to celebrate the 106th Running of the Indianapolis 500 and bring this passionate community to Web3.

Per the announcement, ticket holders can start redeeming their 2022 Commemorative Race Day NFTs today by visiting Autograph.io. The 2022 Mystery Drop Container is available for viewing on Autograph’s website. Once its sale goes live, interested collectors can purchase it on the DraftKings Marketplace.

Jinia Shawdagor

Jinia Shawdagor

Jinia is a fintech writer based in Sweden. With years of experience, she has written about cryptocurrency and blockchain for renowned publications such as Cointelegraph, Bitcoinist, Invezz, etc. She loves gardening, traveling, and extracting joy and happiness from the little things in life.