Rumour: Hyundai keen to participate Formula 1 by buying 1 of the teams
According to reports, Hyundai could beryllium looking to participate Formula 1. Rumours authorities that the South Korean car elephantine is considering buying its mode into the sport.
Hyundai presently competes successful the World Rally Championship, having adjacent won the manufacturer's trophy successful 2019 and 2020. The Hyundai WRC squad is managed by Cyril Abiteboul - erstwhile Renault F1 squad principal.
While details of Hyundai's plans are yet unknown, its intent to bargain its mode into F1 could play to the likes of Formula One Management (FOM). In addition, the alteration successful motor regulations from the 2026 play could besides beryllium an absorbing imaginable for Hyundai. Also, South Korea expressing involvement successful hosting an F1 Grand Prix successful Incheon could beryllium helpful.
Hyundai is presently the fourth-largest car shaper successful the world. It volition beryllium absorbing to spot the South Korean car elephantine connected the F1 grid alongside brands similar Honda (signed with Aston Martin), Ford (with Red Bull) and General Motors (with Andretti).
Source: MotorsportWeek