A motorsport team claiming to be 'youth culture-focused' is preparing to apply to join the Formula 1 grid from 2025.
The team, currently named LKY SUNZ, has gained investment from a US-based sports fund as well as private finance from individuals and corporate entities from across Asia. They are hoping to enter motorsport's pinnacle category under the FIA's Expression of Interest process.
That process was launched in January to prospective teams looking to gain a place on the F1 grid. Co-founder Benjamin Durand will have responsibility for running the team, which will have a base in South East Asia and have their cars built in Europe.