Forex sports sponsorship: FXTM sponsors team XLR8 for F1 in Schools

CySEC, Belize and South Africa licensed Retail FX broker Forextime, which also goes by the shortened moniker FXTM, has announced that it is going to be a part of the upcoming National Cyprus Final for F1™ in Schools on 24 March.

During the race, FXTM will be Platinum Sponsors of ‘Team XLR8’ from The Heritage Private School in Limassol, one of the most esteemed English high schools in Cyprus.

F1™ in Schools is a not-for-profit organisation that promotes Formula 1™ to a global audience, mainly targeting the youth by encouraging teams of high school students “to collaborate, design, analyse, manufacture, test, and then race miniature compressed air powered balsa wood F1 cars.”

The organisation’s mission statement is “to help change the perceptions of science, technology, engineering and maths by creating a fun and exciting learning environment for young people”.

FXTM relates to F1™ in Schools’ values and shared that it is honoured to back local community efforts.

Read Also: