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BYD examining F1 entry as Chinese giant eyes motorsport
Mar.11 Chinese electric vehicle giant BYD is examining options to enter Formula 1 or endurance racing, Bloomberg has reported, in a development that would add further momentum to the sport's expansion just as its 11th team, Cadillac, begins its debut season. BYD is 'looking at several options following its rapid growth outside its home market and competitive racing's continuing shift toward hybrid engines,' Bloomberg said, citing people familiar with the matter who asked not to be named. No official comment has yet emerged from the company. 'So far, no spokesperson for BYD Auto Company Limited has officially commented on the speculation,' Germany's Bild reported. The timing is notable....
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4h ago from OneStopStrategy.com
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