Why any 12th team project would face an uphill battle amid BYD rumours

Record team valuations and the sheer complexity involved mean any potential path for Chinese giant BYD to join Formula 1 as a 12th team will be an uphill battle. The Chinese electric automotive giant has set its sights on Formula 1; Stella Li, BYD’s Executive Vice President and CEO for the Americas, Europe, and the Middle East, has never hidden that she views the world championship as the.