BYD and Geely Want Into F1. The FIA Told BYD to Come Back With a ‘Serious Proposal’

FIA President Mohammed Ben Sulayem has confirmed that Chinese automakers BYD and Geely have both expressed interest in joining Formula 1 as constructors. BYD was told to return with a 'serious proposal' after declining the suggestion of purchasing an existing team. Geely's interest was also acknowledged, though no further details on their approach were provided.