Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

GM has a deal to bring a new Cadillac F1 team to the grid

Cadillac Formula 1 team render.
GM design rendering of the Cadillac Formula 1 Team concept. | Image: GM

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…

Continue reading…

You May Also Like

Tech News

Illustration by Cath Virginia / The Verge | Photos by Getty Images The Open Source Initiative (OSI) has released its official definition of “open”...

Tech News

“We’re not competitor obsessed, we’re customer obsessed. We start with what the customer needs and we work backwards,” Jeff Bezos, previously. | Laura Normand...

Editor's Pick

Andy Craig At his rally in Madison Square Garden on Sunday, Donald Trump offered an aside to Speaker Mike Johnson about a “little secret” concerning...

Tech News

Image: The Verge A few months ago, my doctor showed off an AI transcription tool he used to record and summarize his patient meetings....

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.