NASCAR fans on Reddit use DogeCoin to sponsor Josh Wise


Internet memes, virtual currency and NASCAR. On first glance, they have nothing to do with each other. But they do.

Today, Reddit Racing announced that its fundraiser to sponsor the No. 98 Phil Parsons Racing Ford of Josh Wise was a success. The group was able to reach their $50,000 goal…by raising more than 67 million DogeCoin online.

That brings us to the next question: What in the blue heck is DogeCoin?

It’s a form of virtual currency that’s used primarily as a “tipping” device for Internet/social media users. For example, if you see a noteworthy post or status update, you can choose to toss the poster a few DogeCoin. It also can be used to buy goods and services.

As for the weird name, that comes from the Doge internet meme, which centers around a fluffy Shibu Inu and superimposes short phrases of broken English into the pictures. In this particular case, ‘many donation’ or ‘very speed’ would be appropriate.

Hey, we made LOLcats and “I can haz cheezburger” popular, so why not this?

And besides, DogeCoin has been used in sports fundraising before. As you recall, the Jamaican bobsled team needed to raise $80,000 just to get to Sochi for last month’s Winter Olympics.

That sum was broken in the span of just a few days, and Dogecoin was a key part in making that happen. Now, it’s going to help Wise and the small PPR team, who reportedly will have the Dogecoin livery for the upcoming race at Talladega Superspeedway.

Reddit users can also go here to submit entries in a community-judged car design contest. The deadline for submissions is April 1 at Midnight ET.

Report: Ecclestone believes F1 could be sold by year’s end

F1 Grand Prix of Germany
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Formula One boss Bernie Ecclestone on Tuesday said the racing series is up for sale and has as many as three potential buyers.

Ecclestone told The Associated Press that a deal could still be struck by year’s end.

“I think so, maybe this year,” Ecclestone said. “There are three people mentioned to buy. So it’s a case of whether CVC or Mr. Mackenzie wants to sell.”

Ecclestone was referring to F1’s largest and controlling shareholder, CVC Capital Partners co-chairman Donald Mackenzie.

But even if F1 is sold, the 84-year-old Eccelstone doesn’t plan on going anywhere.

“The people that I’ve spoken to … have asked me if I would stay,” Ecclestone told AP.

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IndyCar: Andretti, Hunter-Reay, Hinchcliffe test at Mid-Ohio

TORONTO, ON - JULY 19:  Marco Andretti driver of the #25 Andretti Autosport Dallara Honda stands on pit wall prior to qualifying for the Verizon IndyCar Series Honda Indy Toronto on the Streets of Toronto on July 19, 2014 in Toronto, Canada.  (Photo by Chris Trotman/Getty Images)
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Monday was IndyCar team owner Michael Andretti’s 53rd birthday and son Marco was nowhere to be found – but with good reason.

The younger Andretti and Andretti Autosport teammate Ryan Hunter-Reay were both testing at Mid-Ohio Sports Car Course near Lexington, Ohio.

Also taking part in the test was Schmidt Peterson Motorsport’s James Hinchcliffe.

It was Hinchcliffe’s second successful test since recovering from his horrific crash during practice for this year’s Indianapolis 500 in May.

Hinchcliffe’s first test was last week at Road America in Wisconsin.

Monday’s test session was not open to the public or media, but a Honda source told Motorsportstalk that drivers and teams reportedly focused on testing aerodynamics for the 2016 Verizon IndyCar Series season.

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