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
Jorge Martin set for private MotoGP test following...
No description available...
1d ago from Motorsport.com
Honda confirms Jorge Martin ‘an option’ for 2026...
Honda Team Manager Alberto Puig has reiterated its interest in signing...
4d ago from MotorsportWeek.c...
Gresini reveals extent of Alex Marquez's injuries...
Gresini Racing team manager Michele Masini revealed the extent of Alex...
1w ago from MotorsportWeek.c...
Liberty Media completes 4.3 billion takeover of...
Two weeks on from receiving unanimous EU approval, Liberty Media...
3d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Scott Dixon bet on two stop strategy after he saw...
Scott Dixon took victory in Sunday’s IndyCar race from Mid-Ohio,...
1d ago from MotorsportWeek.c...
IndyCar Mid-Ohio – Race Results
IndyCar visited Mid-Ohio over the weekend for Honda’s home event and a...
1d ago from MotorsportWeek.c...
Alex Palou chooses to view costly Mid-Ohio mistake as...
Alex Palou was not the winner of Sunday’s IndyCar event from Mid-Ohio,...
1d ago from MotorsportWeek.c...
Scott Dixon capitalizes on Alex Palou’s mistake to...
The beginning of a busy stretch for IndyCar got under way on Sunday, with...
1d ago from MotorsportWeek.c...
Popular On TotalWRC.com
WRC legend Juha Kankkunen to drive hydrogen Toyota...
No description available...
2h ago from Motorsport.com
Oliver Solberg goes Rally1 – Sebastien Ogier enters...
After dominant victories in WRC2 in Rally Sweden, Portugal and most...
4d ago from MotorsportWeek.c...
Oliver Solberg to make WRC Rally1 outing with Toyota...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal table bid for 17-year-old wonderkid...
With the headlines dominated by Arsenal's first-team transfer business...
3h ago from FreshArsenal.com
Report: Arsenal have done ‘significant work' on...
It’s been a busy summer already for Arsenal, with plenty of movement...
3h ago from FreshArsenal.com
Liverpool prepare unexpected late push to hijack...
Liverpool are preparing a shock approach to beat Arsenal to the signature...
5h ago from SportsKeeda.com
“Where is he going to play?” - Micah Richards...
Micah Richards is shocked at Arsenal's interest in signing Noni Madueke...
5h ago from SportsKeeda.com
Comments
Hottest News
Franco Colapinto rumours emerge over British GP exit
Franco Colapinto dropped out of the British Grand... Read More »
2h ago from RacingNews365.com
Christian Horner reveals Max Verstappen Red Bull...
Christian Horner has named his ideal replacement... Read More »
3h ago from GPFans.com
Shock F1 theft at Silverstone sparks police hunt
Some people are just so brainless! Read More »
1h ago from RacingNews365.com
