NASCAR fans on Reddit use DogeCoin to sponsor Josh Wise

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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.

Juncos Racing to field single car entry in Indy 500

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Part-time NTT IndyCar Series entrant Juncos Racing will announce their attempt to qualify for the 2019 Indianapolis 500 within the next few weeks, according to RACER.

The team, which made its Indy 500 debut in 2017, ran 12 of the 17 IndyCar Series races last season, but has only made a start in one of the four events so far in 2019, finishing 18th in the inaugural running of the IndyCar Classic at Circuit of the Americas with Kyle Kaiser behind the wheel.

Though no driver has yet to be announced for the single-car entry, Kaiser is expected to be the leading candidate for the ride. The 23-year-old Californian has raced for the team since 2014, where he won the 2017 Indy Lights championship.

One of the top teams in the Road to Indy ladder system, Juncos Racing has over 50 wins between Indy Lights and Indy Pro 2000 competition. The team’s most recent victory came in the second Indy Lights race at St. Petersburg this year with Rinus VeeKay behind the wheel.

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