On 25 November 2024, Formula 1 announced it had reached an agreement in principle with General Motors and its Cadillac brand to join the grid as the 11th team starting in 2026.
On 25 November 2024, Formula 1 confirmed that it had entered an “agreement in principle” with General Motors (GM) and its Cadillac brand to support the establishment of an eleventh team on the grid in the 2026 season. :contentReference[oaicite:1]{index=1}
Under the deal, GM/Cadillac will begin as a constructor in 2026, with plans to develop its own power unit later in the decade. :contentReference[oaicite:2]{index=2} The move is significant, as it would mark the first brand-new full team entry into F1 since 2016. :contentReference[oaicite:3]{index=3}
The announcement reflects F1’s strategy of expanding its U.S. presence and bringing in major OEMs aligned with the sport’s technology direction. GM’s involvement underscores a push into hybrid and electrified performance platforms, which dovetail with F1’s 2026 engine regulations. The process still requires final approvals and commercial agreements, but the “in principle” status means the mechanics of the entry are now well underway. In short: F1, GM and Cadillac are moving from intention to implementation.
