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
Jorge Martin seals comeback from nightmare 2025: 'I'm...
No description available...
3h ago from Motorsport.com
MotoGP French GP: Jorge Martin leads Aprilia podium...
No description available...
6h ago from Motorsport.com
Japan's MotoGP podium drought is over: The history...
No description available...
4h ago from Motorsport.com
Marc Marquez undergoes double surgery after nasty...
No description available...
5h ago from Motorsport.com
Popular On IndyCarToday.com
Christian Lundgaard finally gets IndyCar redemption...
No description available...
3h ago from Motorsport.com
David Malukas impressed with ‘proper move’ that...
David Malukas finished second in the Sonsio Grand Prix on Saturday,...
3h ago from MotorsportWeek.c...
McLaren chief brands Fernando Alonso Indy 500 failure...
McLaren CEO Zak Brown has identified Fernando Alonso's failure to qualify...
6h ago from MotorsportWeek.c...
Popular On TotalWRC.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
1h ago from Motorsport.com
Thierry Neuville nabs Portuguese win
Sebastien Ogier and Vincent Landais had their eighth Rally de Portugal...
5h ago from MotorsportWeek.c...
WRC Portugal: Thierry Neuville ends Hyundai’s...
No description available...
5h ago from Motorsport.com
Popular On GunnersToday.com
Massive VAR controversy as West Ham’s 95th-minute...
The clash between West Ham United and Arsenal at the London Stadium ended...
58m ago from CaughtOffside.com
Watch: Martin Odegaard produces moment of genius to...
Martin Odegaard has produced what can only be described as a moment of...
1h ago from CaughtOffside.com
Arsenal survive incredible late VAR drama to close in...
VAR had its biggest moment in Premier League history as Arsenal held on to...
1h ago from SkySports.com
'It's physical, it's the Premier League' - Bowen...
West Ham captain Jarrod Bowen was frustrated by the decision to disallow...
18m ago from SkySports.com
Comments
Hottest News
Mercedes star George Russell put in his place over...
Mercedes F1 star George Russell has been severely... Read More »
1h ago from GPFans.com
Charles Leclerc highlights the key to Lewis Hamilton's F1...
Charles Leclerc has "analysed every single... Read More »
1h ago from MotorsportWeek.com
Lewis Hamilton and Charles Leclerc are not the problem at...
Lewis Hamilton and Charles Leclerc are easy... Read More »
38m ago from GPFans.com
