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The Latest Breaking News from Calvin Lo

How the FIA went from seven F1 new team bids to Andretti

And while there remain some big challenges ahead, because Andretti still needs to agree a commercial deal with FOM to be allowed to race, it is the closest F1 has had to a new team entrant for a while.

Autosport

Hong Kong Insurance Broker Exposed For False Claims On Wealth And Assets

Calvin Lo's audacious lies about his fortune and possessions unravel after Forbes investigation.

Zenger

This Billionaire Wants to Bring In a New F1 Team

The FIA launched an official application process for potential teams in February.

The Street

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Hong Kong Billionaire Lo in Talks with Potential F1 Teams

Hong Kong-based billionaire Calvin Lo, who already has financial links to Formula One team Williams, says he would like to see a greater Asian presence in F1 and is in talks with potential new teams. The chief executive of insurance broker RE Lee International told Reuters he was considering backing…

Asharq Al-Awsat

Lewis Hamilton has common ground with Max Verstappen as hopeful F1 boss gives verdict

A billionaire businessman who may have a huge role in F1 in the next few years, has praised arch rivals Lewis Hamilton and Max Verstappen for making the "whole show incredible"

Daily Mirror

Andretti not alone in F1 desire as interested parties line up to form new team

Andretti Autosport announced a new deal on Thursday with American carmaker Cadillac to join forces in their F1 bid, but they are far from the only ones keen to join the sport

Daily Mirror

FIA chief gives major update on 11th F1 team with announcement of new process

The announcement from FIA president Mohammed ben Sulayem will be good news for those who want to launch a new F1 team, including Andretti Autosport and Hong Kong billionaire Calvin Lo

Daily Mirror

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Mick Schumacher would be 'dream' hire for billionaire who wants to create new F1 team

Hong Kong billionaire Calvin Lo harbours ambitions of financing his own F1 team possibly as soon as 2026 – and he has the perfect driver in mind to lead his outfit

Daily Mirror

Hong Kong billionaire lifts lid on F1 investment talks and chances of new team by 2026

EXCLUSIVE: Kong Kong businessman Calvin Lo spoke to Mirror Sport about his ongoing talks to invest in F1, his plans to enter his own team, and why he fell in love with the sport

Daily Mirror

Hong Kong billionaire considering launching new F1 team amid investment talks

Billionaire and motorsports enthusiast Calvin Lo is actively discussing the prospect of creating a new Formula 1 team, which could join the grid as soon as 2026

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