Rinus VeeKay was hit with a grid penalty for the Grand Prix of Portland. (IndyCar Photo)
Rinus VeeKay. (IndyCar Photo)

Rinus VeeKay Adds BitNile Sponsorship For Indy 500

INDIANAPOLIS – Rinus VeeKay will have a new look for the 106th Running of the Indianapolis 500, with the addition of BitNile to the No. 21 Chevrolet. 

Ed Carpenter Racing (ECR) became known as the Bitcoin Racing Team when VeeKay raced an iconic black and orange Bitcoin car in last year’s 500-mile classic. Through the generosity of BitNile Holdings, Inc. (BitNile), the Bitcoin Racing Team will continue to grow in 2022. 

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VeeKay’s ride for the Indy 500. (Ed Carpenter Racing)

BitNile is a diversified holding company pursuing disruptive technologies, including cryptocurrencies and innovations in the field of decentralized finance (DeFi). BitNile owns and operates their own high-density data center at which it mines Bitcoin. 

Earnity, the world’s first community-based crypto platform and marketplace, combines a social media community with a cryptocurrency and DeFi marketplace to give users a place to earn, learn and collect crypto assets. Every individual who scans the unique QR code on the side of VeeKay’s No. 21 and completes the registration process will receive free Bitcoin from Earnity. 

“With the goal of becoming a top 10 North American miner of Bitcoin, it made sense for BitNile to give Rinus VeeKay and ECR this opportunity,” said Milton “Todd” Ault, III, the Executive Chairman of BitNile. “The fans loved the Bitcoin car last year and now it’s going to be even better with a QR code that will let them earn FREE Bitcoin. I believe all three ECR entries have a real opportunity to win this year’s Indy 500. We are offering a special Bitcoin incentive to any ECR winning driver and the entire team if successful!”

BitNile provided VeeKay the unique opportunity to design his own car for the Indianapolis 500. VeeKay wanted to pay homage to his native country of the Netherlands and his Dutch family, friends and supporters. He immediately chose to have the No. 21 be painted orange, the national color of the Netherlands and a source of great pride for his countrymen. The front wing carries the horizontal tricolor of red, white and blue stripes, representing the national flag of the Netherlands. Also important to VeeKay was including a lion, a symbol steeped in historical significance for the country. A Dutch lion appears on top of both of VeeKay’s mirrors. 

“I have always dreamed of racing an orange car in the Indianapolis 500, but I never imagined I’d get to design it myself!” said VeeKay. “I am very grateful to Todd Ault and BitNile for allowing me this opportunity, it is so cool. We incorporated many things for the Dutch fans and I hope they love it as much as I do!”