BYD admits it might be interested in F1 projectChinese automotive giant BYD has responded to mounting speculation linking the company with Formula 1. However, speaking to media including Soy Motor at the Goodwood Festival of Speed, BYD executives insisted no Formula 1 program currently exists. Special advisor Alfredo Altavilla, meanwhile, said BYD would only consider Formula 1 if it made technological sense for the company. We only consider Formula 1 to the extent that our technology can serve the purposes of Formula 1, he said. "If we can find a way to become technology partners with Formula 1, we might be interested.