Ferrari Aims at AI Generation With Crypto Auction For Le Mans Car (reuters.com)
(Tuesday November 04, 2025 @05:30PM (msmash)
from the what-in-the-world dept.)
- Reference: 0179965266
- News link: https://tech.slashdot.org/story/25/11/04/1935209/ferrari-aims-at-ai-generation-with-crypto-auction-for-le-mans-car
- Source link: https://www.reuters.com/business/autos-transportation/ferrari-aims-ai-generation-with-crypto-auction-le-mans-car-2025-10-25/
Ferrari is tapping into crypto markets and tech-rich youngsters [1]with a planned new digital token that its wealthiest fans will be able to use in an auction for a Ferrari 499P, the endurance car that won three straight Le Mans titles. From a report:
> The plan for now is limited in scope and is an effort by the Italian sports car maker to tap into a trend among luxury brands seeking access to the growing wealth of younger tech entrepreneurs, as AI and data centres drive investment and markets around the world.
>
> It comes after Ferrari, which is also developing its first electric car, began accepting Bitcoin, ethereum and USDC for car purchases in the United States in 2023 and extended the service to Europe last year. Ferrari is working with Italian fintech Conio to launch the 'Token Ferrari 499P' for members of its Hyperclub -- which groups 100 of its most exclusive clients, with a passion for endurance races -- to trade amongst themselves and bid on the racing model.
[1] https://www.reuters.com/business/autos-transportation/ferrari-aims-ai-generation-with-crypto-auction-le-mans-car-2025-10-25/
> The plan for now is limited in scope and is an effort by the Italian sports car maker to tap into a trend among luxury brands seeking access to the growing wealth of younger tech entrepreneurs, as AI and data centres drive investment and markets around the world.
>
> It comes after Ferrari, which is also developing its first electric car, began accepting Bitcoin, ethereum and USDC for car purchases in the United States in 2023 and extended the service to Europe last year. Ferrari is working with Italian fintech Conio to launch the 'Token Ferrari 499P' for members of its Hyperclub -- which groups 100 of its most exclusive clients, with a passion for endurance races -- to trade amongst themselves and bid on the racing model.
[1] https://www.reuters.com/business/autos-transportation/ferrari-aims-ai-generation-with-crypto-auction-le-mans-car-2025-10-25/
Car for douches (Score:3)
by TheMiddleRoad ( 1153113 )
Car for douches is marketed in a douchy way by douches. It all checks out.
Pretty mind-blowing (Score:4, Insightful)
by 93 Escort Wagon ( 326346 )
I'm not referring to the car... I'm referring to the revelation there are still people who think NFTs are somehow going to make them some money.
Sounds like a massive conio (Score:3)
by Misagon ( 1135 )
> Ferrari is working with Italian fintech Conio
The name checks out ...
The Martian Chronicles were more down-to-Earth. (Score:3)
What a relatable story. I certainly wish everyone involved in this well.