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F1 Boss Hints at Chinese Team Entry, Deals Potential Blow to Hong Kong Race Hopes

BAHRAIN, JUL 7 – FIA president says switching to V8 engines by 2029 could cut costs by over 50% while maintaining electrification and sustainable fuels in Formula One power units.

  • FIA president Mohammed Ben Sulayem confirmed Cadillac will join as the 11th Formula One team next season while the 12th team slot remains open for potential entrants.
  • Ben Sulayem emphasized the need for more teams rather than more races and indicated ongoing discussions about a Chinese team filling the 12th slot for business benefits.
  • He described the current 1.6-litre V6 engines as complicated and costly, noting R&D has reached around $200 million with engine costs approximately $1.8 to $2.1 million.
  • Ben Sulayem suggested that Formula One could return to noisy V8 engines powered by fully sustainable fuel, possibly by 2029, requiring about three years for implementation.
  • The openness to a Chinese team and engine changes implies potential grid expansion and a new engine era, while sustaining sport growth without disturbing current teams.
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The president of the International Automobile Federation (FIA), Mohamed Ben Sulaim, believes that Formula 1 will use cheaper eight-cylinder engines as early as 2029. The new power unit, still with a V6 engine, is expected to arrive in 2026, when the Audi and Cadillac factory teams will join the competition.

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gptoday.com broke the news in on Monday, July 7, 2025.
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