News Details
Hong Kong billionaire eyes 11th F1 team
Dec.2 British reports suggest new plans are afoot for an eleventh Formula 1 team. With Michael Andretti's well-known US-based operation openly seeking an official entry, a new suitor has now emerged – Hong Kong life insurance billionaire Calvin Lo. The Mirror newspaper reports that he is in talks with 'a number of teams and drivers'. Lo reportedly said he is keen on Formula 1 because the sport has 'entered a new era with growing popularity and a new generation of fans'. He also told the Daily Star newspaper: 'I am not smart enough to run the team! Whatever involvement I would have, it would be financial. 'We've been looking at a current team and that's how the idea of starting a new...
Full Story »
Full Story »
2y ago from OneStopStrategy.com
0
You May Also Be Interested In...
‘I didn't do it on purpose': Guenther Steiner to...
It has incredibly been revealed that Haas boss Guenther Steiner caused...
2y ago from Formula1News.co.uk
Lewis Hamilton makes ‘big ugly' comment about...
2022 was certainly not the season Lewis Hamilton would've hoped for as he...
2y ago from Formula1News.co.uk
Fernando Alonso handed boost via £200m Aston Martin...
Aston Martin are edging ever closer to having the facilities in place to...
2y ago from Formula1News.co.uk
Inside Line: Our Twitter journey. If it ain't...
Let's start with what might've been the moral of the story summing up our...
2y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Why Alex Rins can't wait for Yamaha's V4 engine
No description available...
10h ago from Motorsport.com
Brazil replaces Argentina as 2026 MotoGP calendar...
The 2026 MotoGP calendar has officially been released and the new season...
2d ago from MotorsportWeek.c...
Brazilian GP replaces Argentina in 2026 MotoGP calendar
No description available...
2d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
5d ago from Motorsport.com
Popular On IndyCarToday.com
Foggy conditions at Laguna Seca delay IndyCar’s...
The NTT IndyCar Series was set to hit the track early Saturday morning...
2h ago from MotorsportWeek.c...
Marcus Armstrong: ‘No magic potion’ that accounts...
Meyer Shank Racing is in the middle of its best IndyCar season since...
4h ago from MotorsportWeek.c...
Pato O’Ward fastest in opening practice in Laguna...
Laguna Seca was the setting for IndyCar’s first practice session on...
20h ago from MotorsportWeek.c...
Arrow McLaren set to move into new race facility in...
Arrow McLaren has officially taken ownership of what will be its new...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Monaco GP circuit stage in frame for WRC comeback in...
No description available...
1d ago from Motorsport.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
1w ago from Motorsport.com
Oliver Solberg stuns WRC field to lead Rally Estonia...
No description available...
1w ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Rivals in advanced talks to sign 25-year-old...
Fulham are interested in signing the Arsenal attacker Reiss Nelson during...
1h ago from CaughtOffside.com
New signing profile: Viktor Gyokeres
Following months of deliberation over their preferred option, Arsenal...
49m ago from Arseblog.com
Arsenal confirm Gyokeres signing
Arsenal have confirmed the signing of Sporting striker Viktor Gyokeres.
49m ago from SkySports.com
Report: Arsenal intensify efforts to sign 25-G/A...
Arsenal are looking to complete the signing of Crystal Palace attacker...
29m ago from CaughtOffside.com
Comments
Hottest News
F1 2025 Belgian Grand Prix – Qualifying Results
Lando Norris edged out McLaren team-mate Oscar... Read More »
3h ago from MotorsportWeek.com
Christian Horner branded 'aggressive, spiky' in shock Red...
Christian Horner long held the reins at Red Bull... Read More »
1h ago from RacingNews365.com
Lando Norris 'switch off' reaps reward following Nico...
F1 champion Nico Rosberg's words of wisdom to... Read More »
58m ago from RacingNews365.com