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Billionaire admits ‘serious discussions' to enter F1 team amid Elon Musk rumours

Hong Kong billionaire Calvin Lo has revealed that he's 'having serious discussions' about entering his own Formula 1 team into the championship, when the new power unit regulations are introduced in 2026. Lo does already have links to Williams; however, this wouldn't impact him from being able to enter a completely new team, something he believes the sport is in desperate need of. Should he successfully enter a team, then it would be a huge boost for the Asian market, with Zhou Guanyu, Alex Albon and Yuki Tsunoda currently being the only Asian drivers on the grid. Lo is wanting to see Asia have a greater influence in the pinnacle of motorsport, something he is aiming to help with. Want to...
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11mo ago from Formula1News.co.uk 0
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