OKX, a cryptocurrency exchange, and the McLaren Formula 1 Team are launching a new digital collectible series called "Race Rewind." This series offers fans the opportunity to win exclusive McLaren prizes.

The event is set to occur soon, with Formula 1 enthusiasts able to mint the initial NFT for free in celebration of the Canadian Grand Prix using the OKX wallet. OKX will mint these NFTs on their recently launched Ethereum layer 2 upgrade network, X Layer.

Haider Rafique, Chief Marketing Officer at OKX, stated that their objective is to build a community while promoting the viability of cryptocurrency. Their company aims to help individuals connect with what matters most to them, with trading and investment as additional focuses.

The free collections will primarily consist of audio and multimedia content, allowing fans to immerse themselves in the atmosphere of McLaren's race victories.

Fans who successfully collect all items related to the 2024 season will have the chance to win an exclusive VIP prize, potentially including a McLaren Fan Experience at an upcoming race. Additionally, winners will receive $2,500 towards travel expenses and a lap around a racing circuit.

OKX is a prominent sponsor of McLaren F1 and aims to uphold this partnership moving forward.