Will there be an F1 team from China before 2027?

Before 2027 If there is an F1 team from China before Jan 1, 2027, then the market resolves to Yes. An F1 team will be considered from a given country if (1) it is licensed in that country (2) owned more than 50% by Chinese corporations or persons (3) Is headquartered in that contry (4) its name references that country. This market will close and expire early if the event occurs.