On Sunday Brandonbilt Motorsports released a statement in regard to its sponsorship with LGBcoin.io that NASCAR says has not been approved yet. The team says that it was given approval by NASCAR prior to its announcement.
Brown unintentionally became a meme after winning the Xfinity Series race at Talladega when an NBC reporter Kelli Stavast incorrectly stated that fans were chanting “Let’s go Brandon” as he was being interviewed on the track. The saying has since become a way to show displeasure with President Joe Biden.
LGBcoin.io stands for the phrase “Let’s go Brandon” and is one of the latest meme cryptocurrencies.
We are very aware and appreciative of the process required to approve sponsors and paint schemes and would not attempt to circumvent that process.
Brandonbilt Motorsports submitted our most recent sponsors and paint scheme to NASCAR, following the standard approval process that we have undertaken many times before without issue. We received written approval on the sponsors from a NASCAR Racing Operations official on December 26, 2021. The team subsequently moved forward with an announcement only after being provided with this approval.
The sponsor approval was unambiguous–the first four words of the email from NASCAR state, ‘The sponsors are approved…’ The only feedback offered was related to minor graphic design changes to ensure legibility on the track at 170mph.
We will continue to work with NASCAR and look forward to resolving this matter and clearing the air as soon as possible.
