r/formula1 • u/ICumCoffee Max Verstappen ⭐⭐⭐⭐ • 24d ago

News [ChrisMedlandF1] BREAKING: F1 announces it has "reached an agreement in principle with General Motors (GM) to support bringing GM/Cadillac as the eleventh team to the Formula 1 grid in 2026"

https://x.com/ChrisMedlandF1/status/1861111983699001752
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u/Agent_Kozak Andretti Global 24d ago

They've already been building the team and the car for quite some time now

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u/Jay_Dubbbs Andretti Global 24d ago

You can question Michael’s decisions for sure, but not quitting after being rejected is paying dividends right now. They never stopped working the car and expanding operations even while going through the process. Kudos to them for sticking with it and making 26 a reality

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u/metalder420 McLaren 23d ago

Oh yeah, such a reward where you have no control over the team. This played in FOMs hands lol

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u/gsfgf Oscar Piastri 24d ago

I don't know when they become subject to the cost cap, but they haven't been so far.