Mumbai, March 8: Cadillac's Formula 1 team received official approval Friday to join the grid in 2026 and its owners insist the team will be ready to compete. Although the grid expansion was approved last November, it was not until Friday that governing body FIA and Formula One Management said the Cadillac F1 effort meets all the requirements to become the 11th team in the series next season. F1 2025: Adrian Newey Begins Tenure As Managing Technical Partner at Aston Martin Formula One Team.

슬롯사이트œI am proud to lead the Federation in this progressive step for the championship,슬롯사이트� FIA President Mohammed Ben Sulayem said in a statement, who called adding an 11th team 슬롯사이트œa milestone슬롯사이트� and a 슬롯사이트œtransformative moment.슬롯사이트�

슬롯사이트œGM/Cadillac brings fresh energy, aligning with the new FIA 2026 regulations and ushering in an exciting era for the sport.슬롯사이트�

The team is owned by General Motors and TWG Motorsports, an arm of the larger TWG Global group owned by co-chairs Mark Walter and Thomas Tull. TWG Global has controlling interest in the Los Angeles Dodgers, Premier League club Chelsea, the Professional Women's Hockey League, as well as stakes in the Los Angeles Lakers and other ventures.

TWG Motorsports is also the majority owner of Andretti Global, which competes in IndyCar, Indy NXT and Formula E; NASCAR team Spire Motorsports; the two-car IMSA sports car GTP program fielded by Wayne Taylor Racing; and a stake in Walkinshaw Andretti United, the Bathurst 1000-winning race team competing in Australia's Supercars Championship. F1 2025 Testing: Ferrari's Charles Leclerc is Fastest in Morning Session on Day 2.

슬롯사이트œThe Cadillac Formula 1 Team's presence in the paddock will inspire future competitors and fans," said Stefano Domenicali, President and CEO of Formula 1. 슬롯사이트œTheir entry strengthens our mission to push motorsport's boundaries at the highest level. As we said in November, the commitment by General Motors to bring a Cadillac team to Formula 1 was an important and positive demonstration of the evolution of our sport.슬롯사이트�

Cadillac F1 will be the second American-owned team on the grid, joining Haas F1, which is owned by California businessman Gene Haas. The Haas program does not have an American driver or a partnership with an American manufacturer, but it is sponsored by MoneyGram.

Cadillac F1 anticipates being distinctively American with its partnership with General Motors and the possibility of IndyCar driver Colton Herta, a California native, in the two-car lineup. It comes at a time when F1 has three races in the United States - in Miami, Austin, Texas, and Las Vegas - and teams are battling for sponsorship from American companies as the global series gains popularity in the U.S. Defending Champion Max Verstappen Shruggs Off Question Related To 슬롯사이트˜Booing Him At F175 Event슬롯사이트�, Says 슬롯사이트˜It's Not Worth My Time슬롯사이트� (Watch Video).

It took more than four years to get the project approved by FOM, despite the backing of the FIA and Ben Sulayem. At issue was an apparent breakdown in any relationship between F1 and Michael Andretti, who spent part of one season as an F1 driver and has never been warmly embraced in the European series.

But Andretti sold controlling interest of his motorsports ventures to Dan Towriss late last year and is no longer involved in the project. That helped TWG and Cadillac get the F1 bid approved.

슬롯사이트œFor the past years, we have worked hand in hand with GM, to lay a robust foundation for an extraordinary F1 entry,슬롯사이트� said Towriss, CEO of TWG Motorsports. 슬롯사이트œNow, with 2026 in our sights, we're accelerating our efforts - expanding our facilities, refining cutting-edge technologies and continuing to assemble top-tier talent.슬롯사이트�

Cadillac's powertrains will not be ready for some time and the team will lease engines from Ferrari until General Motors has a product ready to compete. The powertrains will be built in a facility on the North Carolina campus of Hendrick Motorsports in Concord, while the F1 program will be run from a new facility being built in Indiana and a second factory in Silverstone, England.

슬롯사이트œWe're thrilled the Cadillac Formula 1 Team is official, as the team has been accelerating its work,슬롯사이트� General Motors President Mark Reuss said. 슬롯사이트œWe're incredibly grateful for the support from the FIA and Formula 1 leadership for us and for our partners at TWG. The excitement only grows as we get closer to showcasing GM's engineering expertise on the prestigious global stage of F1.슬롯사이트�

Towriss told The Associated Press that Cadillac F1 already has a 2026 car built that has been to the wind tunnel and work continues at a rapid pace. The team is also hiring at a head-spinning rate with motorsports and Formula 1 team executive Graeme Lowdon named team principal, and industry veteran Russ O'Blenes named CEO of TWG GM Performance Power Units - a new company that aims to make Cadillac a full-works team that builds both the chassis and power units.

TWG Motorsports has more than 300 employees working on aerodynamics, chassis and component development, as well as software and vehicle dynamics simulation. Lewis Hamilton Shares Post After Featuring on Cover of TIME Magazine, Writes 슬롯사이트˜Now슬롯사이트™s the TIME슬롯사이트� (See Post).

슬롯사이트œI couldn't be more proud of the effort put in by the entire Cadillac Formula 1 Team. This announcement is the next step in getting on the grid and continues our efforts towards building a full-works team," Lowdown said. "Through the long and thorough application process, we have never lost pace in our planning or our belief in the mission. We can't wait to go racing and give fans a new team to cheer for.슬롯사이트�

Towriss will not tip his hand at a possible driver lineup, but those mentioned for the two seats include Herta, who must finish fourth or higher in the IndyCar standings this season to earn the Super License required to compete in F1. Herta last weekend surprised many when he said he wasn't even sure he wanted the seat.

(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)