What is the deadline for new F1 team bids?

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The Deadline for New F1 Team Bids Has Been Indicated to Be in May

Calvin Lo, a Hong Kong-based billionaire with existing financial ties to the Williams Formula One team, has indicated that the deadline for new team bids has been extended to May. This comes after Formula One's governing body initially set a provisional deadline of April 30 for potential entrants looking to join the sport in 2026.
Provisional Deadline Indicated by Governing Body

Formula One's governing body had established a provisional deadline of April 30 for bids from new teams interested in entering the sport. This date was set to manage the application process for the anticipated new power unit regulations coming into effect in 2026.
Calvin Lo Suggests Deadline Extension

However, Calvin Lo, who is reportedly considering backing a new F1 bid, stated that the deadline had been pushed back. He indicated to Reuters that the new timeframe for submitting bids was now in May, suggesting a revised timeline for potential new entrants.
Focus on Asian Presence in F1

Lo has expressed a desire to see a greater Asian presence in Formula One, believing there is significant untapped interest from investors in the region. He is currently in discussions with several teams regarding potential involvement, emphasizing that financial resources are not the primary obstacle, but rather the assembly of technical expertise and personnel.

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What is the deadline for new F1 team bids?

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