The president of the International Automobile Federation (FIA), Mohammed ben Sulayem, stated that the entity may open a new process for a 12th team in Formula 1 and advocated that the future team be Chinese. The statements were made during the Europa Forum, organized by the Nueva Economía Fórum, in Madrid, this Friday.
Ben Sulayem revealed that he has been maintaining conversations with possible new teams interested in entering the F1 grid. According to him, both the FIA and Formula One Management (FOM) are aligned on the possibility of expanding the championship.
The official highlighted Formula 1's presence in China, which hosts a championship race, and the growth of the country's automotive industry. "We need the team, and the team needs to come from China," stated Ben Sulayem.
Among the Chinese manufacturers cited by the FIA president are BYD and Geely. Ben Sulayem revealed he has met with representatives of both companies and stated that both have shown interest in the project to enter Formula 1.




