Beginning in 2026, Formula 1 announced an partnership with General Motors and its Cadillac product to form the 11th staff in the line.
F1, which Liberty Media purchased in 2017, has been looking into adding a second crew to the grid, with several bidders competing against them last season, including a team led by GM under the leadership of Michael Andretti. However, there was a lot of friction between the race driver and some inside of Formula One. The United States Department of Justice opened an research into why the Andretti charge was rejected.
Andretti left his namesake business in September, and Mark Walter and Dan Towriss, both new Andretti Global lot owners, joined to form an F1 team. Additionally, Towriss is the owner of Spire Motorsports ‘ NASCAR crew and CEO of Group 1001, which owns Gainbridge Financial Services. Walter is the owner of the Los Angeles Dodgers of MLB and a shareholder in Chelsea, the premier league club, and the CEO of Guggenheim Partners, a financial services company.

With Formula 1’s ongoing expansion plans in the US, we have always believed that adding a strong U.S. product like GM/Cadillac to the network and GM as a potential energy system dealer may add value and interest to the sport, according to Greg Maffei, CEO of Liberty Media.
Since there are three races held annually in the U.S., Formula 1 has wanted to bring an American carmaker into the sports. It is the only other nation in the world to host more than one. In 2028, Cadillac will take over the manufacturing process while the GM team will continue using Ferrari vehicles for two years.
” General Motors and Cadillac’s devotion to this task is an important and beneficial presentation of the development of our sport”, Stefano Domenicali, Formula 1 CEO, said. We are confident that all parties involved will work together and have full support for this program, and we look forward to seeing how it develops and grows.
F1’s past rise was in 2010.
No economic details were disclosed. The most recent Concorde Agreement, which governs the game, established a$ 200 million gambling fee to cover the addition of a new team to the mix. However, the value is expected to become significantly higher than the value of the F1 team’s skyrocketing. After the 2025 period, the latest Aircraft contract expires.
Max Verstappen won the Las Vegas Grand Prix on Sunday, which is Liberty Media’s only driver’s race of the season.