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Link: Formula 1: General Motors agrees in principle to enter F1 in 2026 with Cadillac brand - BBC Sport

 

US car giant General Motors has reached an agreement in principle to enter Formula 1 in 2026 with its Cadillac brand.

 

A statement on Monday said that GM and its partner, the US group TWG Global, had committed to name a new team after GM's luxury Cadillac brand and to build its own engine "at a later time".

 

F1 said the application process would "move forward".

 

Greg Maffei, president and chief executive officer of F1 commercial rights holder Liberty Media, said: "With Formula 1's continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport.

 

"We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1.

 

"We are excited to move forward with the application process for the GM/Cadillac team to enter the Championship in 2026."

 

Mohammed Ben Sulayem, the president of F1's governing body the FIA, said: "General Motors is a huge global brand and powerhouse in the OEM world and is working with impressive partners.

 

"I am fully supportive of the efforts made by the FIA, Formula 1, GM and the team to maintain dialogue and work towards this outcome of an agreement in principle to progress this application to bring a GM/Cadillac branded team onto the grid for the 2026 FIA Formula One World Championship.

 

"All parties, including the FIA, will continue to work together to ensure the process progresses smoothly."

Posted
My prediction - a comfortable drive, reasonable on the straights, but will handle like a boat in the twisty bits.

 

I feel like the Corvette brand would have had better cut through outside the US, but then having GM involved is just part of the creeping Americanisation of F1. When I think of Cadillac, I just think of an American's idea of what a nice car looks like (i.e. a bland lump with obligatory shiny art deco detailing) rather than anything remotely aligned with F1.

 

Still, more cars on the grid is good, since that means more seats available for drivers, which can only be good.

Posted

It does seem like a slightly weird move for GM to be going into F1 really. Ultimately, F1 is a giant advertising board and has a worldwide presence. For manufacturers like Mercedes, Ferrari, Honda, Ford, Toyota and even Renault it makes sense as they have a pretty global presence. GM, however, seems to be concentrated in North America and Cadillac doubly so. They’ve all but withdrawn from Europe, most of Asia and Australia.

 

I suppose F1 is trying to increase its viewers in the US so it makes sense from that POV I guess. If there are American manufacturers and American drivers in the series, Americans are more likely to be interested.

  • 3 months later...
Posted

Link: Formula 1: General Motors has 2026 entry formally approved - BBC Sport

 

US car giant General Motors has had its Formula 1 entry for the 2026 season formally approved.

 

It will name the new team after its luxury Cadillac brand.

 

The decision to approve GM's bid comes just over two months after the company reached an agreement in principle with F1 to enter the sport next year.

 

F1 had previously rejected a bid from the US team Andretti, which was linked to Cadillac.

 

But the greater commitment of GM in a new proposal put forward later in the year has convinced F1 to admit Cadillac.

 

A joint statement from F1 and motorsport's governing body the FIA said Cadillac's bid had been approved "following the completion of their respective sporting, technical and commercial assessments".

 

The entry will be run by the US organisation TWG in a revisioning of the initial bid.

 

The new team, which has a UK base at Silverstone, will be a joint effort between GM and TWG, with Dan Towriss, owner of US team Andretti Global, and TWG's Mark Walter as the other key investors.

 

Former Indycar and F1 driver Michael Andretti is no longer involved with the team he founded. His father Mario, the 1978 world champion, will be involved in an advisory capacity.

 

Last year, TWG named Briton Graeme Lowdon, a senior figure at the Manor team that raced in F1 from 2010-16, as team principal.

 

F1 president and CEO Stefano Domenicali said: "As we said in November, the commitment by General Motors to bring a Cadillac team to F1 was an important and positive demonstration of the evolution of our sport.

 

"I want to thank GM and TWG for their constructive engagement over many months and look forward to welcoming the team on the grid from 2026 for what will be another exciting year for Formula 1."

 

F1 was swayed by key factors that it saw as differentiators over the initial Andretti bid.

 

These were that there was a commitment to a full works team over the coming years, an agreement for an engine supply with Ferrari rather than relying on F1's rules to secure a compulsory engine, and the commitment of GM to build its own engine in the future.

 

An investigation into F1's original decision to reject Andretti's entry by the US department of justice also played a part.

 

F1's governing body the FIA had approved the Andretti entry before F1's initial rejection.

 

FIA president Mohammed Ben Sulayem described the decision as "a transformative moment".

 

Towriss said: "For the past years, we have worked hand-in-hand with GM to lay a robust foundation for an extraordinary F1 entry.

 

"Now, with 2026 in our sights after today's final approval from the FIA and F1, we're accelerating our efforts - expanding our facilities, refining cutting-edge technologies and continuing to assemble top-tier talent."

 

GM was attracted into F1 by the new engine regulations that are being introduced next year along with new chassis rules.

 

These will increase the proportion of power produced by the hybrid part of the engine to about 50% from the current 20% and mandate the use of fully sustainable fuels.

 

The new rules were instrumental in attracting GM's US rival Ford and Germany's Audi, and persuading Honda to stay involved after initially deciding to quit F1.

 

Ford is starting a partnership with Red Bull, which is producing its own engine from 2026, while Audi has bought the Sauber team and will rebrand it from next year. Honda is switching from Red Bull to become Aston Martin's factory partner next season.

 

Renault, which owns the Alpine team, has decided that continuing to produce its own engine for F1 is not cost-effective and has ended its long-running programme. Alpine will buy Mercedes engines instead from next year.

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