Billionaire Lo weighs adding to Formula One investments after Williams

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Reuters UK

By Carolyn Cohn and Selena Li LONDON/HONG KONG (Reuters) – Hong Kong-based billionaire Calvin Lo is considering putting more money into Formula One following his connection with F1 team Williams, Lo told Reuters in an interview, adding other Asian investors were also interested in investing in the sport. Lo, chief executive of insurance broker RE Lee International, confirmed he has “some sort of exposure” to Williams, following the U.S.-based private investment firm Dorilton Capital’s purchase of the team in 2020. He declined to give more detail, citing non-disclosure agreements. Dorilton Capi…

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