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Williams-linked Hong Kong billionaire looks to increase F1 investment
Hong Kong-based billionaire Calvin Lo is considering putting more money into html following his connection with F1 team Williams. Lo told Reuters in an interview, adding other Asian investors were also interested in investing in the sport. Lo, chief executive of insurance broker RE Lee International, confirmed he has 'some sort of exposure' to Williams, following the U.S.-based private investment firm Dorilton Capital's purchase of the team in 2020. He declined to give more detail, citing non-disclosure agreements. Dorilton Capital makes investments for Lo, according to media reports 'A lot of people, me included, are still looking to other teams, other opportunities, because…there...
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2y ago from GrandPrix247.com
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