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That is why F1 is on its way down technically whilst it is growing in popularity.
In Formula 1, whispers often travel faster than the cars themselves. And lately, one name has been echoing through the paddock: BYD.
Fresh off its surge to the top of the global electric vehicle market – edging past rivals like Tesla – BYD is no longer just dominating roads. It may now be eyeing the racetrack.
At the center of the speculation sits a meeting that could prove pivotal. BYD has openly acknowledged conversations with Formula 1’s top leadership, including CEO Stefano Domenicali.
It’s not a formal bid – yet – but it’s far from idle curiosity.
Speaking at the Beijing motor show, BYD vice president Stella Li confirmed the growing relationship.
“We met Stefano Domenicali in Shanghai. We maintain a warm relationship and are in regular contact,” she told Sportmediaset.
Formula 1’s increasing shift toward hybrid and electrified technologies aligns neatly with BYD’s identity as a global EV powerhouse. For a company built on innovation and scale, the sport offers something few other platforms can: a global proving ground under extreme conditions.
And for Li, the attraction isn’t just technical – it’s emotional.
“I love Formula 1 because it’s all about passion and culture, and people dream of driving in Formula 1.”
That blend of engineering excellence and human drama could make F1 an irresistible stage for BYD’s ambitions.
“Yes, we are talking about it.. It’s a real opportunity to test our technology,” Li concluded.
Those words – simple but loaded – hint at a serious evaluation rather than casual curiosity.
These cars are not going away if this happens.
A grid of opportunity: BYD considers leap into Formula 1!
Oof, the Concorde Agreement would have to be ripped up and redrafted should this happen. Based on how much convincing the existing teams took to let Cadillac join, another team cutting into the pie would have to be a huge sell!
The current teams would be the sticking point.
I just think it's not that simple. A full F1 calendar is already taxing.
Certainly would bring more eyes to F1 - there's definitely space for another team imho but not sure if BYD would be first in line if F1 invited interest for another... Would be interesting if they made a play for the baby RB team though?The biggest EV producer in the world from what is still a largely untapped market if you consider the upper potential. It could be a pretty easy sell if the $$$ line up.
I'm sure Liberty and F1 will be happy to throw in a couple of street races in a Chinese megacity or two.
Blend? Nee sies. I hope you go single malt when you win the DWC.
I lift my glass of 12 year old Chivas Regal as a toast to the oncoming flame warsDo elaborate for our amusement.