CryptoDATA Tech becomes majority and strategic shareholder of RNF MotoGP Team
BUCHAREST, Romania, Nov. 08, 2022 (GLOBE NEWSWIRE) — CryptoDATA technologypioneer in blockchain technologies and developer of cybersecurity hardware and software solutions, is pleased to announce the acquisition of a majority stake in RNF Racing Ltd. This strategic investment marks an important milestone and the start of a new era for the fifteen-month RNF MotoGP team and Romanian holding company.
Having previously announced the cybersecurity company as an official premium partner for the final three races of the season, CryptoDATA has become a partner that shares the same passion, values and recognizes the potential value of a long-term MotoGP team.
With CryptoDATA as majority shareholder, the vision and strategy is to go beyond racing and expand the business and services to motorsports, primarily in MotoGP and taking on the role of commercial and branding aspects of the team. The RNF MotoGP Team will continue to compete as an independent team in the premier class of the FIM MotoGP World Championship with Team Principal Razlan Razali remaining at the helm focusing on the sporting and technical side of the team. .
Alongside the final race of the season and to mark the start of this historic milestone, the RNF MotoGP Team and CryptoDATA will unveil a special livery on race day for the Valencia Grand Prix.
Razlan Razali, Founder and Team Principal, RNF Racing Ltd,
“Today marks a historic milestone for the team. I want to thank CryptoDATA for trusting me and the team for the future.”
“In a short time, the discussions have turned into a long-term commitment. We have extended our partnership and, as I have said before, it is a fantastic collaboration. The union of the two companies will encourage the team not only to perform in racing, but also to develop the business aspects of the team, and this is where both parties join forces to share expertise and experience.My main goal is to ensure as the team fights for the championship while CryptoDATA’s team of young, smart, innovative, and ambitious individuals will develop strategies to strengthen our off-track position.”
“With the experience of our previous successes, the same strong and passionate crew from our MotoGP garage and a strong team of riders, we are ready for a competitive return with CryptoDATA for next season.”
Ovidiu TOMA, CEO and Founder, CryptoDATA Tech,
“We are delighted to extend our partnership and become the majority shareholder of the RNF MotoGP team. The MotoGP World Championship is an exclusive and international showcase, a particular universe where the starting grid is a stage of heroes in which CryptoDATA has found its place by sharing its values and its objectives. We became the first Romanian company to Title sponsor of a Moto Grand Prix on the Red Bull track this year, and we are now more excited and motivated than ever to become the majority shareholder of the RNF team. This not only represents a historic milestone for CryptoDATA, but also a fresh start and a significant incentive.
“We look to 2023 with optimism and confidence because our team is led by trained, serious and experienced managers. We will do our best to help the team achieve its goals and reach its highest potential in MotoGP.”
Bogdan Mărunţiş, Global Strategy and Founder, CryptoDATA Tech,
“We are pleased to announce our partnership with the RNF team, and we are confident that we can help the team set strategic goals for the upcoming season and long-term performance goals on and off the track. We want to begin transforming the team into a successful business that will deliver unique experiences to our fans and partners while promoting our brand values in the world’s top racing series.
“As representatives of CryptoDATA, we will be in charge of the strategic management of the company and will work to ensure stability and further strengthen the position of the team in the world of MotoGP and in the business world.”
Carmelo Ezpeleta, Managing Director, Dorna Sports SL,
“Razlan Razali’s deal with CryptoDATA allows him to maintain the viability and presence of his project in MotoGP. satisfied with the relationship with CryptoDATA at the Austrian Grand Prix, they have the idea to develop and the idea of putting things together with Aprilia next year which is the stability needed for MotoGP, it is a very welcome heart for CryptoDATA in MotoGP. The fact that they are not only limiting their involvement to the sponsorship area but to a whole team shows the importance of motorsport and MotoGP in particular. We know that Razlan had many requests, and we believe that it has chosen the best option for the future and to consolidate its structure.
About the RNF MotoGP Team
A new beginning, a collaboration that goes beyond racing. The RNF MotoGP Team will debut on the premier class of the 2023 FIM MotoGP World Championship grid as the first-ever satellite team for Aprilia featuring Portuguese MotoGP rider and five-time race winner Miguel Oliveira with promising young Spaniard and runner-up Moto2 World Cup 2021, Raul Fernandez.
The addition of CryptoDATA to the RNF MotoGP team brings sustainability on and off the track as it sets the tone to develop and improve performance over the coming season. The team will collaborate on two missions for the team with CryptoDATA leading the business side while the RNF MotoGP team focuses on the sport itself.
Our shared passion for performance, innovation and technology will bring fresh and unique value to the world of motorsport.
About CryptoDATA Technology
CryptoDATA technology is a global ambassador for promoting the importance of data security and digital privacy around the world. The company has been a pioneer in the development of services and products based on blockchain technology that enables private and secure communication, meeting the requirements of its employees as well as technology users around the world. Wispone of its flagship products, is an online messaging application that allows motorsport fans to exchange messages without constraints from anywhere in the world, thus fueling the passion and determination of the sports community automobile.
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