BYD is evaluating entry into F1.

The world's leading new energy car sales champion has started to get into racing. A journalist confirmed from a source close to BYD that the company's Executive Vice President Li Ke recently stated that BYD is studying the possibility of entering the top racing field, including F1, but has not made a final decision. Li Ke said that participating in the world's highest level racing events is in line with BYD's long-term technology-first strategy. According to Li Ke, BYD is still evaluating the feasibility of entering F1 and endurance races. More news suggests that BYD is considering two ways to enter F1: acquiring an existing team or establishing a new team from scratch, with the company prioritizing the former option.