F1: Late $1bn LKYSUNZ entry made to be new F1 team

The LKYSUNZ team has scored a groundbreaking $1 billion investment for its Formula 1 venture, aiming to join the grid in 2026.

Backed by Legends Advocates Sports Group, this record funding will fuel car development and facilities, fostering competitiveness from day one.

LKYSUNZ has committed to youth programs, backed by governments and institutions across Asia and Africa, while embracing diversity in the sport.

CEO Benjamin Durand reaffirms their readiness to pay a $600 million entry fee, exceeding regulations.