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Azerbaijan Grand Prix

September 27, 2026

Baku City Circuit
Baku, Azerbaijan

Results

1. George Rusell (Mercedes AMG)
2. Max Verstappen (Red Bull)
3. Isack Hadjar (Red Bull)

Video

Race Highlights | 2026 Azerbaijan Grand Prix
https://youtube.com/watch?v=I9oahfzac0I

We're back in Baku for another eventful Grand Prix, with chaotic collisions and epic battles all the way to the chequered flag. (Credit: F1)

News

X News

George Russell Claims Rare Grand Slam at Azerbaijan GP

Russell led every lap from pole, grabbed the fastest lap, and won the Azerbaijan Grand Prix in Baku, joining an elite group of drivers with that feat. A chaotic Turn 1 restart after a safety car saw Alpine's Franco Colapinto lock up and collide with teammate Pierre Gasly and McLaren's Lando Norris, forcing all three out; Colapinto took full blame and earned a five-place grid penalty for next time. Norris vented frustration, calling for some drivers to be out of F1, while fans noted racing incidents are common; Alpine condemned the abusive online backlash toward drivers and teams.

News

News via Mercedez AMG

George Russell Claims Rare Grand Slam at Azerbaijan GP

George Russell claimed victory in the Azerbaijan Grand Prix, securing the eighth win of his Formula One career and his third victory of the 2026 season.

Team-mate Kimi Antonelli recovered from P16 on the grid to finish P5, making impressive progress through the field after his Q1 exit in qualifying.

George converted pole position into the race lead at the start and controlled proceedings throughout a race shaped by multiple Safety Car periods.

The opening stages saw the field neutralised following an incident with Alex Albon at Turn 1, with subsequent Safety Car interventions creating several race restarts and strategic decision points.

George managed each restart effectively, maintaining track position and pace at the front to build the platform for victory.

Kimi capitalised on the interruptions and alternative strategies to move through the field, combining strong race pace with decisive overtaking to secure a top five finish.

George Russell took the chequered flag ahead of Max Verstappen and Isack Hadjar, while Kimi Antonelli recovered to P5. (Credit: Mercedes AMG)

News

The Lead Up (for educational, reference and historial purposes)

Spanish Grand Prix

Madring

Madrid, Spain
September 13, 2026

1. A.K. Antonelli (Mercedes)

2. M. Verstappen (Red Bull)
3. L. Norris (McLaren)
4. C. Leclerc (Ferrari)
5. G. Russell (Mercedes)

Video

Race Highlights | 2026 Spanish Grand Prix
https://youtube.com/watch?v=NK7AfP_wi8M&t=7s

With Lando Norris on pole and Kimi Antonelli behind in P2, could Norris hold off the championship leader in Madrid? Catch up on all the action from the inaugural Spanish Grand Prix at the MADRING! (Credit: Formula One)

News

Drivers React After The Race | 2026 Spanish Grand Prix
https://youtube.com/watch?v=ptkSrUliEh0&t=7s

Hear from race winner and Championship leader Kimi Antonelli, Lando Norris and Max Verstappen, along with the rest of the grid after the 2026 Spanish Grand Prix. (Credit: Formula One)

News Lead Up

The Lead Up (for educational, reference and historical purposes)

Italian Grand Prix

September 6, 2026

Pos Driver Time Points

1. Kimi Antonelli 1:51:15.281 25

2. George Russell +3.857s 18

3. Max Verstappen +14.718s 15

4. Lando Norris +19.056s 12

5. Oscar Piastri +19.253s 10

News Flashback

Video

Race Highlights | 2026 Italian Grand Prix
https://youtube.com/watch?v=uptj3to1l7o

History was made in round 13 at the Temple of Speed, as the championship battle continued and an early crash caused a red flag! (Credit: Formula One)

Kimi Antonelli's Incredible Charge From P19 To P1 | 2026 Italian Grand Prix
https://youtube.com/watch?v=FxOsiO6o4Wg

Kimi Antonelli produced a breathtaking performance, after starting the race from P19, to overtake the rest of the pack and clinch the Italian Grand Prix victory in magnificent fashion on Sunday. This is how he did it! (Credit: Formula One)

News via Mercedes-AMG Petronas Formula One

Kimi Antonelli won Sunday’s Italian Grand Prix with team-mate George Russell P2.
It was a thrilling drive from Kimi as he charged through the field from P19 to become the first Italian to win their home race since Ludovico Scarfiotti in 1966.
It also marks Mercedes 250th Grand Prix victory as a power unit manufacturer and the marque’s eighth victory at Monza; it’s first since 2018 at the ‘Temple of Speed’.

Starting out of position, Kimi started on the Hard tyre but was able to change to the Medium compound under an early race red flag. By that point, he had already gained seven places to run P12.

George meanwhile ran the conventional one-stop from P2 by starting on the Medium and taking the Hard under the red flag, with the clear goal to run to the end on that tyre as he led.

Kimi’s progressed continued once the race restarted and cycled through to battle his team-mate for the lead.

A mid-race Virtual Safety Car gave the team the option of pitting Kimi for a new Medium tyre, with signs suggesting that his original Medium tyre wouldn’t have the life to get to the end of the race.

He rejoined in P6 but made short work of cars ahead; in the final stages he closed the gap to George before making the pass for the lead with three laps left.

Our duo took the flag comfortably ahead of the rest of the field to secure the win, and the 50th for an Italian in F1.

Deputy Technical Director Simone Resta represented the team on the podium at his home race.

The team now leads the Constructors’ Championship by 122 points with Kimi heading the Drivers’ standings by 66 points from his team-mate George.

(Credit: Mercedes-AMG Petronas Formula One)

Websites

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Mercedes-AMG Petronas Formula One Team
https://mercedesamgf1.com

Profile

The Italian Grand Prix (Italian: Gran Premio d'Italia) is the fifth oldest national motor racing Grand Prix (after the French Grand Prix, the United States Grand Prix, the Spanish Grand Prix and the Russian Grand Prix), having been held since 1921. Since 2013, the Grand Prix has been held the most times, with 97 editions as of 2026.

It is one of the two Grands Prix (along with the British) which has run every season as an event of the Formula One World Championship Grands Prix, continuously since the championship was introduced in 1950.

Every Formula One Italian Grand Prix in the World Championship era has been held at Monza except in 1980, when it was held at Imola.

Profile

Mercedes-AMG Petronas Formula One Team

Mercedes-Benz, a German automotive brand of the Mercedes-Benz Group, has been involved in Formula One as both team owner and engine manufacturer for various periods since 1954. The current Mercedes-Benz Grand Prix Limited, competing as Mercedes-AMG Petronas Formula One Team, is based in Brackley, England, and holds a German racing licence. An announcement was made in December 2020 that Ineos planned to take a one third equal ownership stake alongside the Mercedes-Benz Group and Toto Wolff; this came into effect on 25 January 2022. Mercedes-branded teams are often referred to by the nickname, the "Silver Arrows" (German: Silberpfeile).

News

The Lead Up (for reference, educational and historical purposes)

Dutch Grand Prix

August 23, 2026

1. Lando Norris (GBR/McLaren) 2 hr 04 min 44.859sec

2. Kimi Antonelli (ITA/Mercedes) 11.536sec

3. George Russell (GBR/Mercedes) 15.906

4. Lewis Hamilton (GBR/Ferrari) 16.755

5. Charles Leclerc (MON/Ferrari) 17.258

6. Oscar Piastri (AUS/McLaren) 32.332

7. Liam Lawson (NZL/Red Bull) 1:19.915

8. Nico Hulkenberg (GER/Audi) 1 lap

9. Fernando Alonso (ESP/Aston Martin) 1 lap

10. Pierre Gasly (FRA/Alpine) 1 lap

11. Yuki Tsunoda (JPN/Racing Bulls) 1 lap

12. Arvid Lindblad (GBR/Racing Bulls) 1 lap

13. Gabriel Bortoleto (BRA/Audi) 1 lap

14. Franco Colapinto (ARG/Alpine) 2 laps

15. Sergio Perez (MEX/Cadillac) 2 laps

16. Carlos Sainz (ESP/Williams) 2 laps

17. Alexander Albon (THA/Williams-Mercedes) DNF

Non Finisihers:

Max Verstappen (NED/Red Bull)

Oliver Bearman (GBR/Haas)

Lance Stroll (CAN/Aston Martin)

Esteban Ocon (FRA/Haas)

Valtteri Bottas (FIN/Cadillac)

Alexander Albon (THA/Williams-Mercedes)

Video

Race Highlights | 2026 Dutch Grand Prix
https://youtube.com/watch?v=3OMLs3yI-KE&t=4s

Drivers React After the Race | 2026 Dutch Grand Prix
https://youtube.com/watch?v=No8O1zMhGuk&t=11s

Kimi Antonelli & Lando Norris' Ghost Car Comparison Lap | 2026 Hungarian Grand Prix
https://youtube.com/watch?v=IKC7Xzw6bwk

News

X News

Lando Norris Wins Final Dutch Grand Prix at Zandvoort
The 2026 Dutch Grand Prix marked Zandvoort's final race on the calendar, ending in drama when Verstappen lost control at the last corner, hit the barriers, and walked away unhurt but out of the race. After the red flag restart, Norris dominated ahead of Mercedes duo Kimi Antonelli and George Russell, while Fernando Alonso charged from 18th to ninth for Aston Martin points. Verstappen thanked the crowd for their support over the years, blending disappointment with gratitude as the seaside circuit closed an era.

News

The Lead Up (for reference, educational and historical purposes)

Hungarian GP
Hungaroring Racetrack

Budapest, Hungary

July 26, 2026

1 Lando Norris, McLaren
2 Max Verstappen, Red Bull
3 Kimi Antonelli, Mercedes
4 Charles Leclerc, Ferrari
5 Lewis Hamilton, Ferrari
6 Isack Hadjar, Red Bull
7 George Russell, Mercedes
8 Liam Lawson, Racing Bulls
9 Nico Hulkenberg, Audi
10 Arvid Lindblad, Racing Bulls

News

Lando Norris Wins Hungarian GP for McLaren's First Victory of 2026

Norris claimed victory at the 2026 Hungarian Grand Prix, marking McLaren's first win of the season and his first as lead driver. Oscar Piastri led briefly before colliding with Carlos Sainz on Lap 39, damaging his car and handing Norris the lead; Piastri vented over radio, calling it one of the dumbest moves he'd seen. Max Verstappen charged from fourth to second, while Kimi Antonelli took third for Mercedes, with McLaren's upgrades fueling their championship push ahead of the summer break.

News

Bahrain Grand Prix Moves to Malaysia's Sepang Circuit in 2026

Formula 1 relocated the Gulf Air Bahrain Grand Prix to Malaysia's Sepang track for October 2026, filling the slot left empty when Middle East conflicts canceled the original April race and shrank the season to 22 rounds. Bahrain covers the costs in this historic deal with Malaysia, slotting the event between Azerbaijan and Singapore races. Ferrari cheered the return, Mercedes driver Kimi Antonelli called it 'so cool,' and Malaysia's Prime Minister praised the friendship, while fans note half the grid will experience Sepang for the first time amid its heat, rain, and challenging corners. Hotels are booking up fast, hinting at big economic boosts.

News

Lando Norris Claims First 2026 Win at Hungarian Grand Prix

Starting from pole, Norris held off Max Verstappen's late charge to secure his first win of the season, boosted by Oscar Piastri's retirement after contact with Carlos Sainz while under blue flags. Piastri called Sainz's failure to spot him unacceptable amid a backmarker battle, while Sainz blamed a blind spot and blue flag glitch.

Kimi Antonelli finished third to extend his championship lead to 50 points over Lewis Hamilton, who dropped to fifth after a minor pit penalty, as George Russell fought from P21 to P7.

Video

Race Highlights | 2026 Hungarian Grand Prix
https://youtube.com/watch?v=_JeaXt_3Mhc

Drivers React After The Race | 2026 Hungarian Grand Prix
https://youtube.com/watch?v=nUYE_xadzSM

Media Man: Much respect to all. Revved up for the season.

News

X News

Russell Wins Austrian GP as Ferrari Duo Shine in Qualifying and Banter

George Russell claimed victory at the Austrian Grand Prix for his second win of 2026, holding off Max Verstappen by 1.6 seconds while teammate Kimi Antonelli took third for a Mercedes 1-3 finish. Ferrari's Charles Leclerc and Lewis Hamilton locked out second and third in qualifying, but strategy and tire issues dropped them to eighth and fifth. The weekend's fun moment came from Hamilton and Leclerc's fan stage jokes about secret skydives, highlighting their budding partnership as Mercedes leads constructors with 302 points over Ferrari's 204.

News

What makes the Austrian Grand Prix special – and why you should see it

Discover what makes the F1 weekend in Austria unmissable.

The Austrian Grand Prix is a classic, and might just be held at one of the most picturesque track on the F1 calendar. Set in the Styrian hills, around 700m above sea level, the short track features rapid lap times and plenty of overtaking opportunities.

Despite the Red Bull Ring having the fewest corners of any circuit on the schedule, it's seen many unforgettable moments throughout the years – and, as the name might suggest, is the track that Red Bull calls home.

Let's take a look at just some of the reasons why Austria is so alluring.

Austrian racing heritage

Austria, despite it's relatively small population, has heaps of racing heritage. Triple World Champion Niki Lauda was born in Vienna, winning titles for Ferrari and McLaren, and was a major factor behind Mercedes’ success while helping convince Lewis Hamilton to join the outfit in 2013.

Jochen Rindt was Austria's first champion – the only posthumous F1 title winner, having tragically passed away during his dominant 1970 season. Gerhard Berger, while never taking the title himself, scored 10 wins during his illustrious career.

More recently, the late Austrian entrepreneur Dietrich Mateschitz and former Austrian F1 racer Helmut Marko – in his role as motorsport advisor – played key roles in Red Bull's success, with the team clinching eight Drivers’ and six Constructors’ titles.

When is the 2026 Austrian Grand Prix?

The 2026 Austrian Grand Prix weekend begins on Friday 26 June, with F1 cars hitting the track for the first two Free Practice sessions, before Free Practice 3 and Qualifying take place on Saturday 27 June. The Grand Prix itself is on Sunday 28 June, at 1500 local time.

*Full article and coverage via official Formula One website

(Credit: Formula One)

Videos

Race Highlights | 2026 Austrian Grand Prix
https://youtube.com/watch?v=usP9O0zFVaA&t=3s

Drivers React To The Race | 2026 Austrian Grand Prix
https://youtube.com/watch?v=aWOnR4NnfoU

Lewis Hamilton & Max Verstappen's Fierce Battle In Austria!
https://youtube.com/watch?v=QYfcQE0E2kE&t=3s

News

News Flashback

(For reference, historical and educational purposes)

March 6, 2026

Australian Grand Prix

The 2026 Australian Grand Prix is the season-opening race of the 2026 Formula 1 World Championship. It is currently taking place at the Albert Park Circuit in Melbourne from Friday, 6 March to Sunday, 8 March 2026.

Weekend Schedule

The event marks the beginning of a new era for F1, featuring overhauled technical regulations and the debut of the Cadillac team and Audi (via the Sauber takeover).

Friday, 6 March: Free Practice 1: 12:30 PM – 1:30 PM Free Practice 2: 4:00 PM – 5:00 PM
Saturday, 7 March: Free Practice 3: 12:30 PM – 1:30 PM Qualifying: 4:00 PM – 5:00 PM

Sunday, 8 March: Grand Prix (58 Laps): 3:00 PM Formula 1 +4

Event Highlights & Changes

New Teams & Drivers: Cadillac joins as the 11th team on the grid. New drivers include rookie Arvid Lindblad for Racing Bulls.

Pit Lane Speed Limit: Reduced from 80 km/h to 60 km/h for 2026 to accommodate the 11th team in the tight pit lane.

Infrastructure: A major $350 million redevelopment of the paddock and pit building is scheduled to begin immediately after this weekend's race.

Support Races: The weekend includes the season openers for Formula 2 and Formula 3, as well as the Supercars Championship.

Weather: Forecasts indicate mostly dry and bright conditions for the race on Sunday, with temperatures between 15°C and 24°C.

Viewing & Attendance

Broadcasting: In Australia, the race is live on Fox Sports (Channel 506), Kayo Sports, and free-to-air on Channel 10.

Tickets: Most tickets for the event sold out quickly after going on sale in September 2025. Fans are warned to only use official channels like http://grandprix.com.au to avoid scams.

News

F1 Unveils Intense Driver Eye Portraits Before Australian GP

The official F1 account shared close-up portraits of drivers' eyes, including Hülkenberg in blue neon, Hamilton with yellow helmet reflections, Norris labeled 'Eyes of a champion' in green, and Sainz in fiery red. These bokeh-lit shots, colored to match teams, build excitement for the Qatar Airways Australian Grand Prix at Albert Park from March 6-8, kicking off the new era with FP1 on Friday. Fans raved over the piercing gazes, with Hülkenberg's drawing shouts of 'Why is he looking into my soul like that' and praise for Russell and Sainz's striking looks.

News

F1 Unveils Cinematic 2026 Season Opening Titles

Formula 1 released a 57-second high-energy video showcasing the full 2026 grid in dynamic poses, team liveries, and dramatic effects, timed for this weekend's Australian Grand Prix. Reigning champion Lando Norris leads for McLaren alongside Oscar Piastri, with Mercedes' George Russell leaning sleekly—farewell to his famous T-pose—and rookie Kimi Antonelli earning solo hype. Highlights include Lewis Hamilton and Charles Leclerc for Ferrari, Max Verstappen with Isack Hadjar at Red Bull, and newcomers like Audi's Nico Hulkenberg, building excitement for the new regs with smaller cars and sustainable fuels.

News

News Flashback (for historicial and reference purposes)

Verstappen Slams 2026 F1 Cars as Formula E on Steroids

Charles Leclerc topped timesheets with a 1:34.273 lap for Ferrari on day two of F1's first pre-season test, ahead of Lando Norris's P2 and Haas rookie Oliver Bearman's strong P3.

The new 2026 rules bring smaller chassis, active aero, and power units with nearly 50% electric power, tightening lap times around 1:34 but drawing fire from Verstappen over heavy energy management he calls anti-racing. Norris urged drivers to stop whining, while Lewis Hamilton found them fun yet ridiculously complex; Red Bull hit technical snags, Mercedes engine issues, and three more test days remain before the March 7-9 opener.

News

Media

Formula 1 media covers the global promotion, broadcasting, and news coverage of the FIA Formula One World Championship. Primarily managed by Liberty Media, it includes TV broadcasting, official digital platforms, and social media content.

Major broadcast partners for 2026 include Apple TV (U.S.), Fox Sports/Kayo (Australia), and various worldwide providers, focusing on live, high-definition racing action.

Key Aspects of Formula 1 Media:

Media Rights & Ownership: Owned by Formula One Group (Liberty Media), which manages broadcasting rights.

Broadcast Partners (2026):

Australia: Fox Sports, Kayo Sports (Live), and 10/10 Bold/10 Play (select, or full in some areas).

United States: Apple TV has secured exclusive rights for 2026.

Global: Sky Sports (UK), F1 TV (Direct-to-Consumer in selected territories), and others.

Digital Content:

The official Formula 1 YouTube channel offers extensive race highlights, behind-the-scenes content, and analysis.

Media Hubs: Official event media hubs, such as the Australian Grand Prix Media Hub, provide accreditation, press releases, and, for 2026, details on event coverage.

Websites

Formula 1
https://formula1.com

Formula 1 YouTube
https://youtube.com/@Formula1

Formula 1 Facebook
https://facebook.com/Formula1

Media Man: To the winner goes the spoils. Revved up for the new season. Much respect.

Media Man

Canadian Grand Prix

News

May 24, 2026

Kimi Antonelli Claims Record Fourth Straight F1 Win at Chaotic Canadian GP

Starting from pole, George Russell led early for Mercedes before a Lap 30 power unit failure handed Antonelli the win after 68 laps, extending his championship lead to 43 points. Lewis Hamilton charged to second for Ferrari, passing Max Verstappen late for his best red finish, while Verstappen took third. Six retirements added to the mayhem, but Antonelli's streak through China, Japan, Miami, and now Canada positions Mercedes atop constructors with 219 points heading to Monaco.

News

X Newsfeed

Antonelli Wins Canadian GP for Fourth Straight Victory

The 19-year-old Mercedes driver extended his championship lead to 106 points, 18 ahead of Russell, after capitalizing on the lap 30 power loss that ended Russell's dominant run from pole. Hamilton grabbed second for Ferrari with a bold pass on Max Verstappen, marking his first podium there and the team's best of the weekend, while Leclerc took fourth. Red Bull's Verstappen ended his podium drought in third, and further back, Alpine scored big with Colapinto's career-best sixth and Gasly's eighth amid McLaren's double disappointment.

News

1. Kimi Antonelli 1:28:15.75825
2. Lewis Hamilton +10.768s18
3. Max Verstappen +11.276s15
4. Charles Leclerc+44.151s12
5. Isack Hadjar+1 lap 10

Numbers

Top 10

1. Kimi Antonelli (Mercedes)
2. Lewis Hamilton (Ferrari) +10.768
3. Max Verstappen (Red Bull) +11.276
4. Charles Leclerc (Ferrari) +44.151
5. Isack Hadjar (Red Bull) one lap
6. Franco Colapinto (Alpine) one lap
7. Liam Lawson (Racing Bulls) one lap
8. Pierre Gasly (Alpine) one lap
9. Carlos Sainz (Williams) one lap
10. Oliver Bearman (Haas) one lap

Websites

Formula 1
https://formula1.com

Formula 1 YouTube
https://youtube.com/@Formula1

Formula 1 Facebook
https://facebook.com/Formula1

Media Man: To the winner goes the spoils. Revved up for the season. Much respect

Media Man

Formula One

News Flashback

Lando Norris Triumphs at Australian Grand Prix, Sparks Debate

Lando Norris's win at the Australian Grand Prix has stirred discussions across the F1 fanbase. After suggesting that McLaren's car might be the best 'by a little margin,' Norris faced a spectrum of reactions. Critics have accused him of arrogance, particularly when juxtaposed with drivers like Max Verstappen, who have publicly lauded their cars during their winning streaks. However, Norris's advocates argue that his comments reflect his consistent belief in the primacy of driver skill over car capabilities. This debate has highlighted a divide among fans, with some defending Norris's right to express confidence in his team's equipment, while others see his remarks as out of touch or a shift in attitude now that he's in a competitive car. The conversation also delves into Norris's loyalty to McLaren, his adept race management, and the complex interplay between driver talent and car performance in Formula 1.

As of today, March 17, 2025, the Formula One 2025 season has just begun, with the Australian Grand Prix kicking off the championship on March 14-16. Based on the limited data available from the first race, here are the current team standings for the 2025 FIA Formula One World Championship:

McLaren - 27 points

Mercedes - 27 points

Red Bull Racing - 18 points

Williams - 10 points

Aston Martin - 8 points

Kick Sauber - 6 points

Ferrari - 5 points

Alpine - 0 points

Racing Bulls (RB) - 0 points

Haas - 0 pointsThese standings reflect the results after the opening race, with McLaren and Mercedes tied at the top, showcasing strong performances from their drivers. Red Bull follows closely, while Ferrari, despite high expectations with Lewis Hamilton joining the team, sits in 7th with only 5 points. Teams like Alpine, Racing Bulls, and Haas have yet to score.
Keep in mind that this is an early snapshot of a 24-race season, and standings will evolve as more Grands Prix are completed. For the latest updates, official sources like formula1.com or motorsport.com will provide detailed race-by-race results as the season progresses.

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Cryptocurrency News via Wires

Lamborghini Bros No More: Crypto Is Creating a New Wealth Effect

It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth.

How much that extra cash gives them confidence to spend more — a phenomenon economists call the wealth effect — is a hot topic whenever crypto prices are surging. A group of researchers tried to quantify it and determined that crypto bonanzas in the US aren’t exactly spent like windfalls from winning the lottery. And so far, the effect has been relatively modest on the $28 trillion American economy. But if the asset class continues to boom, the study provides insight on potential game-changers in consumer patterns.

The new wealth increased households’ consumption by about $30 billion in total over a decade, the researchers estimated, with every dollar of unrealized gains leading to about nine cents of spending. While that figure is almost double the marginal propensity to consume when it comes to stock-market returns, it’s about one-third that of income shocks such as lottery winnings. Despite all the flexing on social media, it wasn’t all blown on Lamborghinis and bling: Some went toward home purchases, boosting real estate markets where crypto is popular.

“If households tend to treat crypto like gambling, then we would expect them to spend their gains in similar ways as lottery winners do,” Darren Aiello, assistant professor of finance at Brigham Young University’s Marriott School of Business and one of the authors of the paper, said in an interview. “In contrast, our estimates suggest that household spending out of crypto gains is more like the patterns we see from traditional equity investments.”

It’s a topic that is likely to gain more attention from economists after this year’s launch of spot-Bitcoin exchange-traded funds expanded the universe of potential crypto investors.

The researchers, who presented the paper to the Federal Deposit Insurance Corp. in March, also hail from Northwestern University, Emory University and Imperial College London. They used data from 60 million people from 2010 to 2023, spanning millions of bank, credit- and debit-card transactions, to analyze how crypto wealth spills over into the real American economy. They found that 16% of the households analyzed made deposits to retail cryptocurrency exchanges at some point in the decade through 2023.

Making the connection between spending and crypto investments can be tricky, since some may invest in the asset class in hopes of boosting their savings in order to make a big purchase, rather than deciding to make a big purchase only after a crypto windfall. As a result, the researchers isolated the portion of household crypto gains that were driven by long-term buying and holding, rather than recent investments, in order to directly measure the causal effects of crypto on spending.

“There is significant debate about the role crypto should play in a household’s portfolio due to its high volatility and nebulous fundamentals,” Jason Kotter, another assistant professor of finance at BYU who co-authored the paper, said in an interview.

To Noelle Acheson, author of the Crypto Is Macro Now newsletter, the insights about how crypto holds different appeal to different investor types is more noteworthy than the takeaways for the macro economy. “For lower-income investors placing less priority on wealth preservation, a crypto allocation could be seen as a make-or-break play — more to gain than to lose,” she said. “So it makes sense that any gains would be spent on big-ticket items such as a house.”

Housing market

While the boost in wealth was mostly poured into discretionary spending, a significant portion spilled into local housing markets, the researchers found, especially in parts of California, Nevada, Utah and other places where crypto is popular.

To arrive at a figure, the researchers went back in time to 2017, a year when Bitcoin saw its price jump from around $950 to $14,000 for a nearly 1,400% rally. Using zip codes associated with brokerage accounts, they compared what happened to home prices in counties with high crypto wealth compared with those that were less enthusiastic toward digital assets. They discovered that home prices in crypto-wealthy counties grew 43 basis points faster, pushing the median house price up by about $2,000 in 12 months.

They analyzed what that would look like spread out over the decade through 2023, and found that every dollar gained in households’ crypto wealth pushed median home price up by 15 cents over the following three months.

The researchers also tracked investors who withdrew at least $5,000 from their crypto brokerages — around 90% of which came from Coinbase Global Inc. — between 2018 and 2023. That analysis revealed that Americans increased their total spending in the year after a large withdrawal by around $5,754 relative to the prior year. And while mortgage spending remained constant in the six months leading up to large withdrawals, it rose significantly after the event.

“For every household that withdrew $5,000 from their crypto exchange account, one in 20 bought a house for the first time,” said Kotter.

After all, you can’t live in a Lambo.

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The industry is infested with copy cats and amateur wheel retailers who are just resellers.
The team has expanded to Melbourne with Alex the avenger , QLD with Matt the magician, ACT with Sam the sniper salesman and Hoxton Park with Wazza the warrior. Ozzy Tyres are the ultimate as they are innovators and manufacturers working closely with the best of the best manufacturers worldwide in order to create the best variety line and good looking in becoming a household name when coming to wheel and tyre technology, fitment, offsets, look and feel. The deep dish wheels are still effective with the all new Pro Drag wheels on the market for all custom fitments and widths. These wheels are the ultimate drag looking clean finish, high eng milling engineered wheels. They are even made in negative offset for race and tubbed old school vehicles with shorterend diffs and custom work done to rear end. Ozzy Tyres head office is in Hoxton Park which is the flagship store catering for Sydney’s west but also the hub and central household place for the ultimate team in delivering wheel and tyre experience, service and products. Thanks to the Australian culture who love their wheels and tyres and mastering the fine art leading the way with their heads held high. The fitment team is headed by a mastermind team who have spearheaded the art and technical specs of knowing wheel offsets and fitment checks. The marketing division is in Alexandria and has mastered the art of photography, art and social media marketing delivering the ultimate deliveries of product excellence. The I.T division is headed by Alien technology that humans cannot achieve. This is high end subliminal architecture from the unseen world. Wheels are not only a material that goes on your vehicle and holds the tyre but an extension of one’s personality and mere existence of social status. Get your status increased in life and in general by Ozzy Tyres today the masterminds in wheel and tyre technology worldwide. Thank you Ozzy Tyres without you the wheel world would be grey and bland, you have brought colour, inspiration and vision into our automotive life.