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BYD, the largest electric car manufacturer, is in discussions to enter Formula 1, confirmed by vice president Stella Li at the 2026 Beijing Motor Show. Meetings with F1 CEO Stefano Domenicali have already taken place.
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The worldâs biggest electric car manufacturer is openly discussing a Formula 1 entry, and the confirmation has come from BYDâs own vice president, on the record, at the 2026 Beijing Motor Show.
Stella Li told SportMediaset in an exclusive interview that BYD âmet [F1 CEO] Stefano Domenicali in Shanghaiâ and that the two sides are âalways close and in contact.â
âI like Formula 1 because itâs about passion, culture, and people dream of being in Formula 1,â she continued.
Asked directly whether an F1 entry was a real possibility, Li answered âyes, itâs something weâre discussing.â
Thatâs about as unambiguous as a senior executive ever gets on a question like this.
Li discussed the appeal in the way youâd expect a marketing-minded VP to frame it: passion, culture, the dream of being there⊠but she also said the quiet that F1 would be âa real opportunity to test our technology.â
Thatâs the line that matters, I think. BYD is the largest EV manufacturer on the planet and has spent the past few years pushing into motorsport in ways that suggest the F1 conversation isnât a vanity exercise.
This entry could look like anything. Per the SportMediaset interview, three scenarios are on the table: BYD running its own works team, BYD supplying power units to an existing constructor, or BYD coming in as a commercial partner of the championship itself.
Yes, BYD is discussing a possible entry into Formula 1.
BYD met with Stefano Domenicali, the CEO of Formula 1.
Stella Li expressed enthusiasm for Formula 1, highlighting its passion and cultural significance.

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Those are three very different commitments. A works team is a billion-dollar decade. A power unit program is an engineering moonshot under the 2026 regulations that have already chewed up more experienced manufacturers. A title-sponsor-style partnership is more a checkbook thing.
But with FIA president Mohammed Ben Sulayem continuing to campaign for a 12-team grid that includes at least one American and one Chinese entry, a Chinese manufacturer of BYDâs scale walking through the door solves half of that wish list in one move. Cadillac is handling the American side from 2026. The Chinese seat has been conspicuously empty.
Manufacturers flirt with F1 constantly. Most of it is noise, a CEO at a gala (weâre looking at any Christian Horner news, really), an analystâs deck, a journalistâs well-sourced maybe. But this is a vice president of the company confirming a meeting with the sportâs CEO by name, and sheâs saying the discussions are happening rather than that they might happen one day.
BYD also has the one resource that usually kills these conversations: money. The company outsold Tesla globally in EV deliveries last year and arrived in Beijing this week with the kind of home-market dominance that funds expensive hobbies.
Whether F1âs 2026 power unit rules, hybrid, with a much bigger electric component, make this a logical fit or a brutal learning curve depends entirely on which of those three entry routes BYD picks.
Either way, the answer to âis BYD coming to F1â stopped being speculation this week. Itâs now a question of how, and when.