News Details
Billionaire reveals intent to launch Formula 1 team
Calvin Lo has a long-standing passion for Formula 1, claiming that his first sighting of Michael Schumacher racing for Ferrari in 2000 has had a major impact on his life and how he goes about his business. Lo reportedly has a net worth of around $1.7 billion and manages billions in assets after becoming the CEO of R.E. Lee Capital, the largest life insurance broker in the world. The 45-year-old already has some loose links to Formula 1 as he finds himself involved in Dorilton Capital, who own Williams Racing, and has now stated his intent to get involved in the sport with a team of his own. “In the last few years, I’ve been approached by many players in the F1 world, from teams to...
Full Story »
Full Story »
3y ago from Formula1News.co.uk
0
You May Also Be Interested In...
Hong Kong billionaire eyes 11th F1 team
Dec.2 British reports suggest new plans are afoot for an eleventh...
3y ago from OneStopStrategy.com
Hong Kong billionaire Calvin Lo exploring entry into F1
Hong Kong billionaire Calvin Lo is exploring the possibility of forming a...
3y ago from F1i.com
Will there be a new team in F1? If it is up to this...
Formula 1 may be getting a new team. Hong Kong billionaire Calvin Lo...
3y ago from GPBlog.com
Hong Kong billionaire looking to form new F1 team
Hong Kong billionaire Calvin Lo has set his sights on forming a brand new...
3y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why Ducati had no doubt that Alex Marquez...
No description available...
18h ago from Motorsport.com
Marc Marquez propels MotoGP to record figures in 2025
No description available...
21h ago from Motorsport.com
Pirelli outlines 2026 MotoGP test plans ahead of 2027...
Pirelli has officially outlined when it plans to test its new MotoGP...
1d ago from MotorsportWeek.c...
F1 World Champion Lando Norris offered MotoGP...
F1 World Champion Lando Norris has been offered an opportunity to ride a...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
17h ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1d ago from Motorsport.com
IndyCar boss Doug Boles explains new officiating system
No description available...
1d ago from Motorsport.com
Momentum building for IndyCar’s inaugural Arlington...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
Toyota brings Corolla back to rallying with all-new...
No description available...
1h ago from Motorsport.com
Project One confirms WRC27 entry
Founded by experienced motorsport engineer Lionel Hansen alongside former...
21h ago from MotorsportWeek.c...
Does Martins Sesks have a future with M-Sport in WRC?
No description available...
23h ago from Motorsport.com
Popular On GunnersToday.com
'I don't want to leave' – Arsenal star ends all...
Gabriel Jesus has delivered a powerful statement of intent regarding his...
1h ago from CaughtOffside.com
Arsenal star faces extended spell on sidelines as...
Arsenal have been dealt another frustrating injury blow, with Kai Havertz...
2h ago from CaughtOffside.com
Chelsea put 8 million bid on the table in attempt to...
Chelsea have reportedly put up a 8 million bid for AS Saint-Etienne...
23m ago from SportsKeeda.com
Friday links: Arsenal in the Community, Merino,...
Morning. We'll wait to hear from Mikel Arteta this morning about injury...
3h ago from Arseblog.com
Comments
Hottest News
Ferrari reveals launch date for 2026 F1 car – and it’s...
Ferrari team principal Fred Vasseur has confirmed... Read More »
33m ago from F1i.com
Carlos Sainz explains unusual Williams trap he avoided...
Carlos Sainz spoke exclusively to RacingNews365... Read More »
43m ago from RacingNews365.com
Honda opens up on ‘intense' discussions with Adrian...
Honda Racing Corporation president Koji Watanabe... Read More »
2h ago from MotorsportWeek.com
