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 »
3y 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...
3y 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...
3y 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...
3y 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...
3y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Fabio Quartararo: Yamaha ‘has no idea’ how to fix...
No description available...
16h ago from Motorsport.com
Marco Bezzecchi ‘wasn’t expecting’ Aprilia COTA...
Marco Bezzecchi admitted he “wasn’t expecting” a record-breaking...
17h ago from MotorsportWeek.c...
Winners and losers from MotoGP’s United States GP
No description available...
21h ago from Motorsport.com
What happened in Marco Bezzecchi and Pedro Acosta’s...
No description available...
19h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward left searching for answers after...
No description available...
14h ago from Motorsport.com
Christian Lundgaard left frustrated by costly pit stop...
Christian Lundgaard finished second in Sunday’s IndyCar race from...
18h ago from MotorsportWeek.c...
Mick Schumacher: “I thought I was ready — but I...
No description available...
1d ago from Motorsport.com
David Malukas “learned a lot” with tire strategy...
No description available...
15h ago from Motorsport.com
Popular On TotalWRC.com
Former FIA vice president and WRC boss Morrie Chandler...
No description available...
1d ago from Motorsport.com
Subaru teases new rally car for Japanese Championship
No description available...
4d ago from Motorsport.com
How Toyota’s new flying Finn is starting to make WRC...
No description available...
4d ago from Motorsport.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
'I'm thinking about…' – Man United,...
Nottingham Forest central midfielder Elliot Anderson insists he's only...
1h ago from CaughtOffside.com
Havertz on the scoresheet : Tuchel speaks well again
Morning. It's still all about the injuries and the Interlull this morning....
1h ago from Arseblog.com
Arsenal could leapfrog Man United for Elliot Anderson...
Manchester United’s top summer transfer target, Elliot Anderson, has...
9h ago from CaughtOffside.com
Arsenal make first move for 17-goal star but Tottenham...
German striker Nicolo Tresoldi is a target for Arsenal and Tottenham ahead...
9h ago from CaughtOffside.com
Comments
Hottest News
Toto Wolff says he is two minds about Christian Horner...
Mercedes boss Toto Wolff is not sure whether he... Read More »
33m ago from GrandPrix247.com
F1 News Today: Toto Wolff reveals all on Christian Horner...
Toto Wolff dished the details on his former F1... Read More »
1h ago from GPFans.com
Andrea Stella says McLaren were surprised with their...
McLaren seemed to have made a breakthrough at the... Read More »
33m ago from GrandPrix247.com
