Mercedes suspends FTX sponsor deal; removes logos from F1 cars

Amid a potential bankruptcy of the FTX exchange, and a looming investigation by the USA’s Securities and Exchange Commission (SEC) over the alleged misuse of customer deposits, Mercedes has responded overnight to the fast-changing situation.

While it had initially appeared likely to be keeping the FTX logos on its cars and assets for the Interlagos weekend, a Mercedes spokesman confirmed to Autosport on Friday morning in Brazil that it had put a stop to the…