WOW. Much sponsorship.

Dogecoin, the digital currency that originally started as a parody of the ‘doge’ meme could soon be a major sponsor for Betty Klimenko’s Erebus Motorsport V8 Supercar team.

The campaign to make it happen is currently going through a crowd-funding phase, with roughly half of the needed Dogecoins raised to sponsor Lee Holdsworth’s car at the Townsville round of this years series.

This isn’t the first time that the digital currency’s community has sponsored a major motorsport team either, earlier this month a NASCAR team wore Dogecoin sponsorship in the Talladega round. It was a success, too, with Dogecoin team merchandise raising enough money for the community sponsor the team again at the second Talladega race in October.

Not only has it been a financial success, the power of the internet was again shown, when Josh Wise, the driver sponsored by Dogecoin won the fan vote to enter into NASCAR’s All-Star race. This would all explain why Betty Klimenko’s team approached an Australian Dogecoin representative to see if the community would be interested in sponsoring Erebus’ sponsorless team for this years Townsville round.

$50,000 USD is needed for the campaign to be a success, with donations accepted in both Dogecoins and traditional cash currencies.

“This is an opportunity to engage a whole new fan base online,” Erebus Motorsport commercial manager told Speedcafe.com.

“We saw what happened with Josh Wise, who is a guy that doesn’t race full-time, beating Danica Patrick in the All-Star vote.

“More eyeballs to our sport and more interest in our sport can only lead to better outcomes for everyone.”

The push for the money is coming single handily from Reddit, using only the power of the internet to bring the internet meme on yet another major motorsport teams car.

Want to help the campaign out? Head to the Dogeraiser page here.