News Details
Billionaire reveals intent to launch Formula 1 team
Calvin Lo has a long-standing passion for Formula 1, claiming that his first sighting of Michael Schumacher racing for Ferrari in 2000 has had a major impact on his life and how he goes about his business. Lo reportedly has a net worth of around $1.7 billion and manages billions in assets after becoming the CEO of R.E. Lee Capital, the largest life insurance broker in the world. The 45-year-old already has some loose links to Formula 1 as he finds himself involved in Dorilton Capital, who own Williams Racing, and has now stated his intent to get involved in the sport with a team of his own. “In the last few years, I’ve been approached by many players in the F1 world, from teams to...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Hong Kong billionaire eyes 11th F1 team
Dec.2 British reports suggest new plans are afoot for an eleventh...
2y ago from OneStopStrategy.com
Hong Kong billionaire Calvin Lo exploring entry into F1
Hong Kong billionaire Calvin Lo is exploring the possibility of forming a...
2y ago from F1i.com
Will there be a new team in F1? If it is up to this...
Formula 1 may be getting a new team. Hong Kong billionaire Calvin Lo...
2y ago from GPBlog.com
Hong Kong billionaire looking to form new F1 team
Hong Kong billionaire Calvin Lo has set his sights on forming a brand new...
2y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Motegi remains on MotoGP calendar through 2030
MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...
21h ago from MotorsportWeek.c...
Marco Bezzecchi explained what ‘key moment' he...
Marco Bezzecchi explained his first lap was the "key moment"...
1d ago from MotorsportWeek.c...
MotoGP constructors push for F1-style ‘Concorde...
No description available...
1d ago from Motorsport.com
Luca Marini gets new Honda MotoGP deal for 2026
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Why Rinus VeeKay believes there's more to come after...
No description available...
1d ago from Motorsport.com
The Winners and Losers of IndyCar’s 2025 Indy Toronto
No description available...
2d ago from Motorsport.com
O’Ward explains the multiple steps that came...
Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...
2d ago from MotorsportWeek.c...
Kyffin Simpson’s confidence ‘very high right...
When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...
2d ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Oliver Solberg’s rapid WRC return shakes up...
No description available...
5d ago from Motorsport.com
How WRC rivals reacted to Oliver Solberg's first...
No description available...
3d ago from Motorsport.com
Oliver Solberg stuns with maiden WRC victory in Estonia
Oliver Solberg and Elliot Edmondson stunned the WRC elite with a...
3d ago from MotorsportWeek.c...
How the WRC service park reacted to Oliver Solberg's...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Arsecast Extra Episode 650 – 24.07.2025
Welcome to another Arsecast Extra, the Arsenal podcast, with myself and...
48m ago from Arseblog.com
Arsenal 1-0 AC Milan – observations
Morning. Arsenal's first public game of pre-season took place last night,...
4h ago from Arseblog.com
Player ratings: Arsenal 1-0 AC Milan
Arsenal edged out AC Milan 1–0 in a pre-season clash in Singapore, with...
7h ago from FreshArsenal.com
The North London Blueprint: A Real Gooner's Take on...
You can feel it, can't you? It's not just hope anymore. For years, hope...
10h ago from FreshArsenal.com
Comments
Hottest News
F1 News Today: FIA announce Max Verstappen inspection...
The FIA have announced the outcome of an... Read More »
1h ago from GPFans.com
Max Verstappen 'bad luck' pinned as title defence struggles...
Max Verstappen has a 69-point deficit to recover... Read More »
1h ago from RacingNews365.com
What Happened to Michael Schumacher? A Look at His Accident...
Over a decade has passed since Michael... Read More »
3h ago from Formula1News.co.uk
