News Details
Potential F1 entrant secures $1 billion investment
Emerging motorsport team LKYSUNZ has announced a major breakthrough by securing a substantial investment of $1 billion (£818 million) from the American firm, Legends Advocates Sports Group, based in Florida. This significant financial backing has the potential to revolutionise their path to Formula 1, positioning them as formidable contenders on the grid. LKYSUNZ, with a mission to foster talent from 'underrepresented communities,' has set its sights on joining the Formula 1 grid for the 2026 season. The financial landscape of Formula 1 is a formidable challenge, with entry costs estimated to be as high as 800 million euros, covering expenses to both the Fédération...
Full Story »
Full Story »
2y ago from Formula1News.co.uk
0
You May Also Be Interested In...
F1: Verstappen's Suzuka win secures sixth...
Heading into the weekend, Lewis Hamilton said that unless the RB was...
2y ago from Pitpass.com
F1 entrant forced to apologise
In the midst of its bid to secure a spot in Formula One (F1) from 2025,...
2y ago from Formula1News.co.uk
Formula 1's first ever red flagged Grand Prix
©Jerry Melton There has apparently only ever been one Grand Prix held on...
2y ago from F1i.com
Formula 1 biofuel trucks reduce emissions by 83%
Back in June, Formula 1 announced a collaboration with DHL by which all...
2y ago from GrandPrix247.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia explains why it hasn’t tested 850cc bike...
No description available...
12h ago from Motorsport.com
The dilemma Francesco Bagnaia's MotoGP race engineer...
No description available...
14h ago from Motorsport.com
Marc Marquez admits ‘touch of madness’ is key to...
Marc Marquez has provided fascinating insight into how he balances risk...
14h ago from MotorsportWeek.c...
Interview: Massimo Rivola on Aprilia's rise from last...
No description available...
16h ago from Motorsport.com
Popular On IndyCarToday.com
Pato O'Ward issues damning verdict on ‘Mario...
Pato O'Ward isn't chasing F1 any more after falling out of love with...
1d ago from MotorsportWeek.c...
Winners and losers from the IndyCar Grand Prix of Long...
No description available...
1d ago from Motorsport.com
IndyCar names officiating director ahead of Indy 500
IndyCar Officiating has announced Scot Elkins as the new Managing...
1d ago from MotorsportWeek.c...
IndyCar Officiating confirms Scot Elkins as Managing...
No description available...
1d ago from Motorsport.com
Popular On TotalWRC.com
How Rally Islas Canarias could crown another new WRC...
No description available...
15h ago from Motorsport.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2d ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
5d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'Even when he tries to be calm, he's faking it' -...
Former Chelsea star John Obi Mikel has claimed that Arsenal manager Mikel...
4h ago from SportsKeeda.com
'Typical bottle merchants', 'Bottling officially...
Arsenal and Mikel Arteta are being mocked on social media after Manchester...
6h ago from SportsKeeda.com
Arsenal and Man United scout 35m wide player with...
Arsenal and Manchester United are interested in signing the Club Brugge...
8h ago from CaughtOffside.com
Player ratings: Man City 2-1 Arsenal
Arsenal fell to defeat to their rivals for the Premier League title on...
8h ago from FreshArsenal.com
Comments
Hottest News
F1 icon refused to work with Michael Schumacher
Lewis Hamilton's former Mercedes performance... Read More »
9h ago from GPFans.com
Reigning F1 Academy champion Doriane Pin completes F1 debut...
Reigning F1 Academy champion Doriane Pin has... Read More »
5h ago from F1Technical.net
Red Bull poach Ferrari star after GP exit
A former Red Bull F1 legend has revealed that the... Read More »
10h ago from GPFans.com
