Robinhood Joins 23XI Racing as an Official Partner for 2025 Season

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Huntersville, N.C. (Apr. 1, 2025) – 23XI Racing announced today that Robinhood has joined the
team as an official partner. As a leading financial services platform that has democratized
access to the markets for millions of investors, Robinhood enables customers to take control of
their finances, putting them in the driver's seat of their financial futures.

At select NASCAR Cup Series races this season, Bubba Wallace and 23XI development driver
Corey Heim will pilot Robinhood-branded cars. For the remainder of the season, Robinhood
branding will also be placed on Wallace's and Heim’s uniforms and team equipment.

With a shared interest in relentless innovation and creating platforms that are accessible to all,
the partnership will showcase both brands to current fans and new audiences throughout the
season.

The paint scheme, inspired by Robinhood's bold and disruptive spirit and highlighted with
Robin Neon, will debut with Heim and the No. 67 team at Kansas Speedway in May and run at
three subsequent events this season with the No. 67 and No. 23 teams. Robinhood will also
continue to put fans first through brand activations and premium race experiences.

"We're excited to welcome Robinhood to 23XI and look forward to introducing another new
brand to NASCAR," said team president Steve Lauletta. "As Robinhood continues to expand their
presence in sports, we're proud to partner with them and look forward to bringing the intensity
of NASCAR racing to their growing customer base.

"Our team continues to do a great job of partnering with exciting brands that share our values
and believe in us," said Bubba Wallace, driver of the No. 23 Toyota Camry XSE. "Robinhood's
dedication to market accessibility and financial literacy is important for so many people, and I
look forward to representing them on track this season."

"Robinhood is excited to enter into the motorsports space, and there's no better partner who
shares our relentless drive to innovate in bold and unique ways than 23XI," said Steve Quirk, Chief Brokerage Officer at Robinhood.

"By expanding our presence into motorsports, we're able to reach a passionate, engaged fanbase that's hungry to take control of all aspects of their lives, including their finances, while also supporting Bubba Wallace, Corey Heim and the rest of the 23XI team as they continue their success this racing season.”

The partnership with 23XI will be Robinhood’s first entry into motorsports. The company also has
jersey patch partnerships in the NBA with the Miami Heat, Memphis Grizzlies, and Washington
Wizards. KLUTCH Sports Group played a key role in advising throughout the deal process.

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