Late Thursday afternoon, a NASCAR spokesperson confirmed to Motorsport.com that the LGBcoin_io sponsorship for Brown has not but been authorised and the staff “jumped the gun” in publicizing its announcement Thursday morning.
LGB.coin.io is a cryptocurrency meme coin on the Ethereum blockchain taking part in off the ‘Let’s Go Brandon’ catchphrase that grew to become widespread in right-wing political circles following Brown’s Talladega victory.
After the race win, an expletive-ridden chant towards President Joe Biden erupted from the grandstands, which had occurred beforehand at different sporting occasions. When the chants had been misconstrued as ‘Let’s Go Brandon,’ it grew to become a brand new political meme nearly immediately.
Brown has been very quiet concerning the catchphrase till just lately when he posted an op-ed in Newsweek about the way it has affected him and made it tough to seek out sponsorship. He went on to say that he has no real interest in main a political motion, nor does he want to endorse any aspect.
Nonetheless, the 28-year-old then added: “I am additionally not going to be silent concerning the scenario I discover myself in, and why thousands and thousands of People are chanting my identify. I hear them, even when Washington doesn’t.”
Brown has since introduced this new full-time sponsorship deal centered across the controversial catchphrase. The purpose of the LGBcoin seems to be to retake the slogan and switch it into one thing extra constructive.
LGBcoin would be the major sponsor for the No. 68 Brandonbilt Motorsports Chevrolet Camaro in all 33 occasions subsequent 12 months. Per a press launch, LGBcoin is a “patriotic coin dubbed America’s Coin’ (that) goals to encourage positivity and unity, grounded in a robust perception of the American dream.”
“We’re thrilled to accomplice with Brandonbilt Motorsports and Brandon Brown for the 2022 NASCAR Xfinity Collection season,” mentioned James Koutoulas, LGBcoin HODLer and founding father of Storm Capital Administration. “Brandon isn’t solely an extremely proficient driver, but additionally a considerate particular person smart past his years. His dedication and singular deal with his occupation is inspiring and his private story is one which we will all be pleased with—an American story of success and perseverance. Brandon is really America’s Driver.
“We’re proud to help Brandon this season, to assist him proceed his American dream. If we do our job proper, if you consider us, and also you hear, ‘Let’s Go Brandon,’ you’ll assume and really feel, ‘Let’s Go America.’”
Brown mentioned of the brand new sponsorship deal: “Having the monetary help of LGBcoin is unbelievable, particularly at such a pivotal time in our staff’s development as we work to construct to the subsequent stage of competitors. From questioning if we’d have the monetary means to proceed to compete, to my first main win (at Talladega no much less), to turning into an unintentional meme, this previous season was a rollercoaster. The help of sponsors like LGBcoin empowers us to be as aggressive as potential and I’m wanting ahead to competing onerous on the observe in 2022.”
