In Formula E, they were not upset about BYD's interest in F1.

      According to Jeff Dodds, the CEO of Formula E, he is not upset that the BYD group is showing an increasingly obvious interest in Formula 1 rather than the electric series. Given that the Chinese automotive giant could afford to participate in both world championships in one capacity or another. Representatives of BYD are already conducting preliminary negotiations with the management of Formula 1 and the FIA, in particular, at the Monaco Grand Prix, there was Stella Li, the vice president of the group, who had business meetings with both Stefano Domenicali and Mohammed ben Sulayem. Earlier, she also had a separate conversation with Christian Horner, the former head of Red Bull Racing. This is despite the fact that Formula 1 is expected to transition to V8 engines with a relatively modest electric component over the next few years, which will replace the current generation power units debuting in 2026. Meanwhile, BYD is actively developing the production of modern electric vehicles, including successfully entering the European market. It is worth mentioning that in 29 countries in Europe, there are already more than 1,000 dealer centers of the company offering ten models of electric vehicles and six models with hybrid powertrains. It would seem that a factory team in Formula E would be a more logical project for the group – by the way, this year it conducted promotional activities during the electric series race weekend in Mexico. In theory, all of this could still have a continuation; however, at present, the interest of the Chinese side in Formula 1 is taking on increasingly clear forms. When Dodds was asked if he was upset by this development, he replied: “I am only upset by those things that I can somehow influence, and this is beyond my control. So, no. If BYD is indeed determined to enter motorsport and has set such a goal, then, in my opinion, it is quite logical to be represented in both series, as then the group would also have a fully electric program. However, even if they want to enter Formula 1 specifically, I suspect that it will be a long story in any case. So, no, I am not upset.” By the way, this weekend there will be another round of Formula E, hosted by the Chinese track in Sanya, and in two weeks, two more races will take place in Shanghai.