BYD Confirms Talks to Join Formula 1 as Team, Power‑Unit Supplier or Partner

Chinese EV giant BYD has confirmed talks with F1 CEO Stefano Domenicali about joining the grid. The firm is weighing three routes – a twelfth team, a power‑unit partnership or a commercial alliance – to boost its global profile.

Why it matters: A BYD entry would be the first full‑factory team from China, opening a huge domestic fan base and giving F1 a direct link to the world’s fastest‑growing EV market. A power‑unit tie‑up would also speed the sport’s electrification.

The details:

• BYD VP Stella Li told Sportmediaset at the Beijing Auto Show that the firm met Domenicali in Shanghai and is in “close contact” about an F1 role.
• Three routes are on the table: a twelfth team (like Cadillac’s 2023 debut), a power‑unit supplier, or a strategic partnership with branding and sustainability projects.
• BYD sold over 5 million EVs in 2024, highlighting its domestic clout and desire to showcase technology globally.

The big picture: F1 aims for a 12‑team grid from 2026 after Cadillac took the 11th spot. BYD’s entry would lock in the first Chinese factory team and give the sport a direct pipeline to the world’s fastest‑growing EV market, aligning with the new hybrid‑plus power‑unit era.

What's next: F1 will present its 2026 grid plan to the FIA later this year. BYD says talks are “ongoing” and hopes for a decision before the season starts. Van Amersfoort Racing also eyes the 12th slot, hinting at a competitive selection.