NASCAR Xfinity series driver Brandon Brown has signed a two-year sponsorship deal with LGBcoin, the cryptocurrency inspired by the anti-Joe Biden 'Let's Go Brandon' chant, after he was banned from advertising the brand on his race car.   

The eight-figure deal 'will include personal participation in publicity events, videos, crypto conferences, racing-related events and more, though won't include car decals,' according a press release issued by the brand on Friday. 

Brown is now a 'holder' of the currency, the release stated, and his spokesperson confirmed to FOX Business that he is being paid in 'both cash and coin.' 

'I'm working to achieve my own American dream,' Brown said in the release. 'I'm humbled and thankful for LGBcoin.io's reaffirmed support for my professional journey and their commitment to maintain a patriotic message.'

The announcement comes a week after NASCAR denied the request from Brandonbilt Motorsports for the 'Let's Go Brandon'-inspired sponsor to be the primary partner for the 2022 season, saying they wanted to avoid politics.

NASCAR has previously given Brown written permission to use LGBcoin as a sponsor on his car but they did a U-turn on the day he unveiled the new paintjob, and claimed the controversial sponsorship was not cleared by senior bosses, CNN reported.  

He was called and told that the racing body 'apologized for any confusion and miscommunication,' and said that the deal 'needs to be reviewed at a higher level.'