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Stock impact report

GM has a deal to bring a new Cadillac F1 team to the grid [Verge, The]

Liberty Media Corporation - Series A Liberty Braves (BATRA) 
US:NASDAQ Investor Relations: ir.libertymedia.com/stock-information
Company Research Source: Verge, The
Share this story General Motors has a deal to join Formula 1 under the Cadillac brand and participate in the FIA Formula One World Championship for the 2026 season, the automaker announced on Monday. Formula 1 says it has accepted in principle and will move GM and Cadillac's application forward to become the 11th team on the grid — making it the first new team to join since 2016. Formula 1 says it's been in talks with GM and its partners at motorsport company TWG Global about “the viability of an entry following the commercial assessment and decision” the organization made in January. The announcement mentions that GM will come on as an engine supplier later, and while The Race reports it will join initially as a Ferrari customer, that has not been officially announced. GM: Innovations created for F1 will contribute to GM's push to drive the future of transportation, leveraging advanced electrification, powertrain, software, and internal combustion engine technology for consu Show less Read more
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