BYD Confirms Talks With F1 Chief on Potential Future Entry

The outreach signals BYD is weighing Formula 1 as a technology test in a series that tightly limits new teams.

Overview

BYD vice president Stella Li said the company met Formula 1 CEO Stefano Domenicali in Shanghai and stays in regular contact about a possible bid.
Li described an entry as under consideration rather than a formal bid and called F1 a real chance to test BYD’s technology.
The Concorde Agreement, which sets commercial terms and team limits, caps the grid at 12 teams with Cadillac already accepted as the 11th for 2026.
Any proposal would need to convince F1 leadership and the FIA, led by Domenicali and Mohammed Ben Sulayem, and show strong technical and financial plans as past approvals have taken time.
Coverage notes BYD’s rise as a leading electric-vehicle maker, reported to have surpassed Tesla in sales, which could align with F1’s hybrid focus but does not guarantee a place on the grid.