Billionaire businessman Lo seeks to enter new F1 group in 2026


In the spherical-up: Billionaire businessman and Formulation one admirer Calvin Lo claims he is seeking at most likely funding a new group to enter into Formulation one.

In briefBillonaire Lo is eager to finance new F1 entry

Lo, a forty five-12 months-aged Canadian businessman who has connections with Williams house owners Dorilton Money, sayshe is actively investigating the risk of funding his very own Formulation one group, both by acquiring an present group or environment up a new entry.

“In the final number of decades, I have been approached by numerous gamers in the F1 environment, from groups to very aspirational possible group house owners or traders,” Lo informed the Each day Star. “We’ve been seeking at a present-day group and which is how the plan of commencing a new group arrived about. There are a ton of options suitable now. I feel we’re heading into a new period of a young viewers, a more recent fanbase. Accessibility appears simpler than in advance of.

“We would be incredibly fortuitous to be concerned, in regardless of what capability. With a present-day group, that would be a lot quicker. Realistically, to get the vehicle on the grid [with a new team], it would be 2026. Which is a limited period of time of time, a incredibly restricted timeline.”

FREC reveals 2023 calendar

The Formulation Regional European Championship has uncovered its calendar for the 2023 time, showcasing a few pre-time examination in Barcelona, Paul Ricard and Monza.

The time will start out at Imola in late April, in advance of having in the Circuit de Catalunya, Hungaroring, Spa-Francorchamps, Mugello and Paul Ricard. Pursuing a split above August the time will then resume at the Purple Bull Ring, then return to Monza in advance of ending with the ultimate two rounds in Zandvoort and Hockenheim. A full of twelve groups will take part in the championship, just about every fielding a few autos.

This year’s championship was received by Ferrari junior driver Dino Beganovic, racing for Prema. Beganovic will shift up to FIA Formulation three with the group for 2023.

Fisichella returns to one-seater racing in Adelaide

A few-time grand prix winner Giancarlo Fisichella returned to one-seater racing for the to start with time in thirteen decades when he took element in the to start with race of the Tasman S5000 sequence all over the Adelaide Road Circuit in aid of the ultimate spherical of the Australian Supercars championship.

The forty nine-12 months-aged, who raced with groups these as Jordan, Benetton, Renault, Drive India and Ferrari above fourteen seasons in Formulation one, concluded fourth in the to start with of a few races all over the Adelaide circuit. Nathan Herne received the race forward of Joey Mawson and Cooper Webster.

Fisichella earlier experienced entered into the S5000 spherical at the Australian Grand Prix in 2020 and finished qualifying for that spherical in advance of the party was cancelled because of to the onset of Covid-19.

Social media

Noteworthy posts from Twitter, Instagram and a lot more:

Crew, meet up with @OscarPiastri. Oscar, meet up with the group. 🤝 Excellent to welcome you to the McLaren household! 🧡 pic.twitter.com/yz8FKvfD1U

— McLaren (@McLarenF1) December two, 2022

Sense sorry for @ZhouGuanyu24. Next 12 months in a row he has to hold out for his to start with property grand prix:https://t.co/fEFh4xGviY#F1 #ChineseGP #Covid

— Keith Collantine (@keithcollantine) December two, 2022

Charles undoubtedly did his research! 🤓

A* for cheekiness 😁#F1 @Charles_Leclerc pic.twitter.com/8HC4qzaAe6

— Formulation one (@F1) December two, 2022

KCMG announces TOM’S Tremendous Formulation Lights driver Seita Nonaka will consider element in the #SFormula rookie examination. He’ll consider above Kobayashi’s vehicle on working day two, as Kobayashi (alongside with Hirakawa) heads to Italy for the FIA Prize Supplying

— Jamie Klein /クライン・ジェイミー (@JamieKlein_) December two, 2022

  • Obtain a lot more formal F1 accounts to stick to in the F1 Twitter Listing
Remark of the working day

With Audi asserting a new, devoted creating in their motorsports sophisticated in Germany for perform on their Formulation one electric power device for 2026 right after choosing above two hundred persons, @Tifoso1989 thinks there is somebody else the German company must convey onboard…

The reasonable shift now for Audi now is to employ somebody with the essential expertise to oversee the advancement of their PU. Binotto has been concerned permanently in F1 motor advancement and was by now dependable for the KERS technique when it to start with occur up in 2009. He has been the head of PU office because 2014 and led the renaissance of Ferrari. He was also concerned in the crafting of the 2026 motor polices and undoubtedly has an plan of Ferrari advancement programs.

Audi choosing Binotto is a no-brainer for me but it need to be in a technological function and ideally minimal to PU advancement.@Tifoso1989

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