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Hong Kong billionaire Lo says Asian investors are eyeing F1 opportunities

George Russell driving the ROKiT Williams Racing car during practice for the 2019 Abu Dhabi Grand Prix (by Dan Istitene/Getty Images)

Hong Kong-based businessman Calvin Lo has told Reuters that he and other Asian investors are assessing opportunities to back Formula 1 teams.

Lo, who is the chief executive of insurance firm RE Lee International, confirmed he has an investment in the Williams team via its owner Dorilton Capital. It has been reported that the US-based company makes investments on Lo's behalf.

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