According to reports, NASCAR is telling driver Brandon Brown that his deal with “Let’s go, Brandon” cryptocurrency will need review at a “higher level” despite the fact that it was already approved.
NASCAR gave Brown’s team approval for the sponsorship with LGBcoin on December 26 however now they are backtracking. Max Marcucci, told new outlets that Brown got a letter from NASCAR apologizing for the “confusion and miscommunication” and told the team the deal “needs to be reviewed at a higher level.”
In December LGB coin put out a statement celebrating the deal:
“We are thrilled to partner with Brandonbilt Motorsports and Brandon Brown for the 2022 NASCAR Xfinity Series season,” James Koutoulas, LGBcoin Hodler and founder of Typhoon Capital Management, said in his announcement. “Brandon is not only an incredibly talented driver but also a thoughtful individual wise beyond his years. His commitment and singular focus on his profession is inspiring and his personal story is one that we can all be proud of—an American story of success and perseverance. Brandon is truly America’s Driver.
“We are proud to support Brandon this season, to help him continue his American dream,” Koutoulas added. “If we do our job right, when you think of us, and you hear, ‘Let’s Go, Brandon,’ you’ll think and feel, ‘Let’s Go America.’”
NASCAR started backtracking a few days after they approved the deal.
“After the announcement went live on Thursday morning, NASCAR acknowledged to us late that afternoon that we had received approval but that they now needed to discuss this at a higher level,” Marcucci said.
