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
Francesco Bagnaia “will try to fight” but can't...
No description available...
2h ago from Motorsport.com
KTM riders optimistic about Italian GP after finding...
No description available...
3h ago from Motorsport.com
Jack Miller considering future as Toprak Razgatlioglu...
No description available...
7h ago from Motorsport.com
Yamaha signs Andrea Dovizioso as MotoGP test rider
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Arrow McLaren apologises for Nolan Siegel’s explicit...
No description available...
5h ago from Motorsport.com
Nolan Siegel apologizes for profanity-filled radio rant
Arrow McLaren driver Nolan Siegel has apologized for what he said over...
1d ago from MotorsportWeek.c...
IndyCar breaks 1 million US TV viewers for third...
The NTT IndyCar Series is nearly through the first year with its new...
1d ago from MotorsportWeek.c...
Video: Harrowing crash takes out Josef Newgarden,...
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Rallies around the world: The ones not to miss – and...
Rallying is unlike any other motorsport. It doesn’t unfold on pristine...
1d ago from MotorsportWeek.c...
FIA approves updated bodywork rules for WRC 2027...
No description available...
1w ago from Motorsport.com
Malcolm Wilson appointed as FIA Deputy president for...
No description available...
6d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal keeping tabs on surprise Chelsea star ahead of...
Arsenal are among a number of sides keeping an eye on Chelsea winger Noni...
3h ago from SportsKeeda.com
Benjamin Sesko player profile: A closer look at the RB...
RB Leipzig striker Benjamin Sesko has attracted the attention of the top...
5h ago from CaughtOffside.com
Thomas Partey rejects Arsenal contract extension...
t;li>Midfielder offered salary reduction to stay at clubMyles...
4h ago from TheGuardian.com
Rodrygo Goes player profile: Who is the Arsenal target...
We're hearing a lot about Real Madrid wide-forward Rodrygo Goes at the...
6h ago from CaughtOffside.com
Comments
Hottest News
Lando Norris labelled a 'w****r' by former F1 team boss
McLaren F1 star Lando Norris has been labelled a... Read More »
3h ago from GPFans.com
Ralf Schumacher proposes 'perfect' Max Verstappen team-mate
Ralf Schumacher has endorsed an seldom-considered... Read More »
5h ago from RacingNews365.com
Fernando Alonso delivers BRUTAL verdict on Lewis Hamilton's...
Two-time F1 world champion Fernando Alonso has... Read More »
12h ago from GPFans.com
