GM has a deal to bring a new Cadillac F1 team to the grid

Nov 26, 2024 03:15 AM - 1 week ago 16122

General Motors has a woody to subordinate Formula 1 nether the Cadillac marque and participate successful the FIA Formula One World Championship for the 2026 season, the automaker announced connected Monday. Formula 1 says it has accepted successful principle and will move GM and Cadillac's exertion guardant to go the 11th squad connected the grid — making it the first caller squad to subordinate since 2016.

Formula 1 says it’s been successful talks pinch GM and its partners astatine motorsport institution TWG Global astir “the viability of an introduction pursuing the commercialized appraisal and decision” the statement made successful January. The announcement mentions that GM will travel connected arsenic an motor supplier later, and while The Race reports it will subordinate initially arsenic a Ferrari customer, that has not been officially announced.

GM:

Innovations created for F1 will lend to GM’s push to thrust the early of transportation, leveraging precocious electrification, powertrain, software, and soul combustion motor exertion for consumers astir the globe. Launching an F1 squad will besides item the Cadillac marque to a divers world audience, showcasing GM’s exertion and creation capabilities.

In a statement, the CEO of Liberty Media (owner of Formula One Group), Greg Maffei, said that GM arsenic a early powerfulness portion supplier “could bring further worth and liking to the sport.” Maffei additionally called GM and Cadillac an “impressive US brand.”

The past US F1 champion, Mario Andretti, is joining the team’s committee arsenic director.