#1
#1 out of 1
sports1d ago
Chinese car giant could join F1 as 12th team in shock development
- BYD Auto is reportedly exploring options to join Formula 1 as the sport weighs its 12th team
- Cadillac became F1's 11th constructor earlier in 2026, with a 2030 Concorde Agreement in place
- F1 chief Stefano Domenicali has said there is no room for a 12th team after Cadillac joined the sport
- BYD is China’s biggest car manufacturer and has a strong EV focus, per Bloomberg
- China has shown growing interest in F1, with Chinese fans up 39% in the year to March 2025
- The Chinese Grand Prix at Shanghai has drawn large crowds, signaling market potential for F1 in China
- The Concorde Agreement outlines terms for the 11th team and runs through 2030
- EXCLUSIVES: Bloomberg reports BYD could pursue multiple options in motorsport, including forming or buying a team
- FIA is reportedly open to BYD's bid, but Domenicali cautioned about a 'great significance' bid being required
- Sergio Perez and Valtteri Bottas drive for Cadillac's F1 team this season, with Zhou Guanyu as reserve driver
Vote 0