US EditionChinese automotive giant BYD exploring F1 entry as 12th team on the grid: Reports
BYD aims to boost global brand prestige and commercial reach by potentially joining Formula 1 as a 12th team, leveraging its leading electric vehicle technology.
- Bloomberg reports BYD is exploring a Formula 1 entry to boost its brand overseas and could become the sport's 12th team, preferring to buy an existing team but with no decision made.
- After strong sales last year, BYD overtook Tesla with over 2.25 million BEV deliveries but struggles to build a premium image in Europe, Australia and North America.
- Estimated costs and regulatory hurdles show Alpine is a likely target, but Renault CEO Luca de Meo publicly insisted the team is not for sale, reportedly rejecting a $100 billion offer.
- A grid expansion to a 12th team would extend F1's commercial reach in Asia and align with the 2026 F1 hybrid power-unit regulations boosting BYD's batteries, motors and power electronics relevance.
- BYD's performance projects indicate serious intent with the Yangwang U9 supercar and an all-terrain racing circuit in China last year, while Bloomberg says it considers the World Endurance Championship and FIA President Mohammed Ben Sulayem welcomes Chinese F1 involvement.
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42 Articles
The BYD company, one of the most important in the production of electric cars, intends to enter the FIA championships
ByD has officially taken from Tesla the title of the largest manufacturer of electric vehicles on the planet. However, it does not seem to conform to the rule of the streets. Its next objective is the asphalt of the most exclusive circuits in the world. Taking advantage of the change of technical regulations of Formula One, much criticized so far for its progressive entry to the electrification, the brand seriously studies its landing in the cat…
The possible entry in Formula 1 would mean the direct participation of a Chinese manufacturer in a historically dominated championship by European and North American teams.
The formula is the top class of motorsport. A showcase for car manufacturers such as Ferrari and Mercedes. The racing series is also very popular in China. And the electric drive is becoming more and more important. The drivers don't like it, BYD does: The Chinese car manufacturer is in the mood for motorsport.
The FIA is open to the Chinese market, and after Cadillac, the Formula 1 field may be expanded with another team in the future.
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