Late Thursday afternoon, a NASCAR spokesperson confirmed to Motorsport.com that the LGBcoin_io sponsorship for Brown has not but been authorized 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 turned well-liked in right-wing political circles following Brown’s Talladega victory.
After the race win, an expletive-ridden chant in opposition to 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 turned a brand new political meme virtually immediately.
Brown has been very quiet in regards to the catchphrase till lately when he posted an op-ed in Newsweek about the way it has affected him and made it troublesome 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 facet.
Nevertheless, the 28-year-old then added: “I am additionally not going to be silent in regards to the scenario I discover myself in, and why thousands and thousands of People are chanting my title. I hear them, even when Washington doesn’t.”
Brown has since introduced this new full-time sponsorship deal centered across the controversial catchphrase. The objective 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 yr. 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 companion with Brandonbilt Motorsports and Brandon Brown for the 2022 NASCAR Xfinity Collection season,” stated James Koutoulas, LGBcoin HODLer and founding father of Storm Capital Administration. “Brandon will not be solely an extremely gifted driver, but in addition a considerate particular person clever past his years. His dedication and singular give attention to his career is inspiring and his private story is one which we are able to all be pleased with—an American story of success and perseverance. Brandon is actually America’s Driver.
“We’re proud to help Brandon this season, to assist him proceed his American dream. If we do our job proper, while you consider us, and also you hear, ‘Let’s Go Brandon,’ you’ll assume and really feel, ‘Let’s Go America.’”
Brown stated 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 degree of competitors. From questioning if we might 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 trying ahead to competing onerous on the observe in 2022.”