Formula One Registers for NFT & Metaverse Trademarks

Formula One Registers for NFT & Metaverse Trademarks

The Formula One Group, which is in charge of promoting the FIA Formula One World Championship, has registered NFT and virtual reality (metaverse) trademarks for the Las Vegas Strip Circuit.

The trademarks are for the phrase “LAS VEGAS STRIP CIRCUIT” and its shape, which is described as “an oblong geometric shape in the style of a racetrack, with two small protrusions on the top right side,” and they were registered on August 23.

They represent plans for virtual goods in relation to sporting equipment, as well as other goods and services such as insurance, cryptocurrency, online retail store services, online marketplace for crypto collectibles (NFTs), and so on.

Also Read: Real Madrid & Barcelona File for Joint Metaverse-related Trademark

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