Breaking news, BYD is highly likely to enter the F1 arena🧧
Bloomberg has just revealed that BYD is fully preparing to enter the F1 race.
This will mark the first time a Chinese car company competes in this top-tier event, with BYD planning to acquire an existing team or establish a new team.
The F1 chairman has publicly stated that there will be an additional 12th team slot, and he looks forward to a Chinese brand taking over to aggressively explore the Chinese market.
Let's look forward to the subsequent developments!