News Details
Hong Kong billionaire Lo confirms investment interest in new F1 team
Hong Kong billionaire Calvin Lo has confirmed that he is currently planning an investment in a new Asia-based F1 team that would join the grid from 2026. Lo, the CEO of RE Lee, the world largest life insurance broker with $8 billion in assets under management, is no stranger to F1 insiders. The very low-profile Hong Kong-based entrepreneur has often been cited as the main funder behind Dorilton Capital's acquisition of Williams Racing in the summer of 2020. Lo has never denied nor confirmed the speculation but has admitted to having "some sort of exposure" to Williams through Dorilton, although he has always declined to offer more detail on the level of his investment. "I...
Full Story »
Full Story »
You May Also Be Interested In...
Aston Martin planning major revamp to challenge Red...
Aston Martin is bringing its first updates to the AMR23 at the Azerbaijan...
2y ago from Formula1News.co.uk
Why Lawrence Stroll isn't happy with Fernando Alonso's...
Aston Martin team principal Mike Krack has revealed that team owner...
2y ago from Formula1News.co.uk
Podiums ‘not enough' for team owner Stroll
Apr.11 Aston Martin team owner Lawrence Stroll is not happy to rest on...
2y ago from OneStopStrategy.com
Toto Wolff clarifies rumour which could be a massive...
Following recent speculation that James Allison was set to re-join the...
2y ago from Formula1News.co.uk
Elsewhere On The Network
Popular On MGPToday.com
Has Fabio Di Giannantonio set himself up for a...
No description available...
11h ago from Motorsport.com
Jorge Martin to stay with Aprilia’s MotoGP team...
No description available...
13h ago from Motorsport.com
Alex Marquez surprised by pace as he’s cleared to...
No description available...
12h ago from Motorsport.com
Fabio Di Giannantonio sets lap record to top second...
Fabio Di Giannantonio set a stunning lap to break the all-time lap record...
15h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Severe weather disrupts IndyCar practice from Iowa
A round of severe weather has delayed the first practice session for the...
9h ago from MotorsportWeek.c...
IndyCar cancels Friday practice at Iowa Speedway after...
No description available...
7h ago from Motorsport.com
Will Power’s contract decision on hold due to Team...
Will Power’s contract with Team Penske is up at the end of this season,...
12h ago from MotorsportWeek.c...
David Malukas braces for the “toughest weekend” of...
No description available...
20h ago from Motorsport.com
Popular On TotalWRC.com
William Sawalich wins ARCA West at Sonoma in surreal...
No description available...
4h ago from Motorsport.com
IndyCar cancels Friday practice at Iowa Speedway after...
No description available...
7h ago from Motorsport.com
Apple new frontrunner for F1 streaming rights over N...
No description available...
8h ago from Motorsport.com
Shane van Gisbergen rockets to NASCAR Xfinity pole at...
No description available...
7h ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Los Blancos want...
Real Madrid have been quite active in the transfer market this summer.
13h ago from SportsKeeda.com
Arsenal close to Madueke deal after Chelsea give...
Chelsea have given Noni Madueke permission to leave their Club World Cup...
14h ago from SkySports.com
Exclusive: 'He only wants to play for Mikel Arteta'...
The deal for Viktor Gyokeres to Arsenal has NOT collapsed, despite the...
14h ago from CaughtOffside.com
'Little bit too obvious' – Collymore gives...
Arsenal have been busy in the transfer market in the last couple of weeks,...
15h ago from CaughtOffside.com
Comments
Hottest News
Horner opens up about his shock exit from Red Bull
Having been ousted by Red Bull on Tuesday... Read More »
44m ago from F1Technical.net
Michael Schumacher Accident: What is His Current Condition?
Michael Schumacher, the seven-time Formula One... Read More »
4h ago from Formula1News.co.uk
Martin Brundle Breaks Silence on Christian Horner Being...
Martin Brundle has expressed his sadness and... Read More »
4h ago from Formula1News.co.uk
