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BYD Reportedly Plans to Acquire Stake in Alpine F1 Team, Interested in Taking Over Renault's France Engine Plant
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BYD COMPANY (01211.HK) is purportedly planning to acquire a stake in the Alpine F1 Team and is interested in taking over Renault's engine plant in France. National Business Daily sought confirmation from BYD, which responded only that there is no information to disclose at this time. However, Stella Li, Executive Vice President of BYD, revealed at the 2026 Beijing Auto Show that BYD is engaged in substantive talks regarding entry into F1 and has met with F1 CEO Stefano Domenicali. Both sides have been maintaining close contact and ongoing communication. AASTOCKS Financial News |
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