

U.S.-owned Haas are the most recent completely new Formula One team to enter, debuting in 2016 when the sport had 11 teams until the demise of Manor Racing before the start of the 2017 season.

"I have asked my team to look at launching an Expressions of Interest process for prospective new teams for the FIA World Championship," International Automobile Federation (FIA) head Ben Sulayem posted on Twitter.

Hong Kong-based billionaire Calvin Lo has also talked of entering a team. The move could open the door to American Michael Andretti's Andretti Global F1 project, which has so far met little encouragement from most existing teams and Formula One management.
