General Motors Joins F1: What It Means For Cadillac And The Andrettis [Forbes]
Liberty Media Corporation - Series A Liberty Braves (BATRA)
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Source: Forbes
NurPhoto via Getty Images Cadillac will become the 11th team on the Formula 1 grid from 2026 after Liberty Media confirmed on Monday that “an agreement in principle” had been reached with General Motors. “General Motors and Cadillac's commitment to this project is an important and positive demonstration of the evolution of our sport,” said F1 president and CEO Stefano Domenicali. “We look forward to seeing the progress and growth of this entry, certain of the full collaboration and support of all the parties involved.” A bid for an 11th team was first put forward by Andretti Global , owned by former IndyCar and ChampCar star Michael Andretti, earlier this year. The proposal, which included General Motors building its own power unit in 2028, was rejected. Cadillac will instead be powered by Ferrari engines until it will develop its own power units. “We're excited to partner with General Motors in bringing a dynamic presence to Formula 1 Dan Towriss, CEO of TWG Global's m
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