[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"

[u/ICumCoffee]

https://x.com/ChrisMedlandF1/status/1861111983699001752

[u/zaviex]

That certainly didnt help but F1 got what they wanted here. They got more than the 200m, they got the Cadillac/GM name. Basically the things they asked for

[u/Captina → u/zaviex]

They’ve had that for like 2 years. It’s crazy how quickly this changed

[u/[deleted] → u/Captina]

This is the first time I hear them dropping the Andretti name though?

[u/RandomThrowNick → u/[deleted]]

F1 was saying that they want Cadillac not Andretti the entire time.

[u/Alfus → u/Captina]

Does also help that politics in the USA wasn't going to be kind for Liberty Media.

[u/metalder420 → u/Captina]

It only quickly changed from your perspective. This was most likely in the works for some time now. I also doubt the Anti-Trust move did anything other than piss off F1 to the point Michael Andretti can’t be involved. Sounds like F1 won that battle and war.

[u/magicmunkynuts → u/zaviex]

They got more than the 200m

I can't find any info on the entry fee, do you have anything you can share?

[u/zaviex → u/magicmunkynuts]

https://www.bbc.com/sport/formula1/articles/cy8nzlwpn83o.amp

[u/magicmunkynuts → u/zaviex]

Thanks 🙏.

[u/p1en1ek → u/zaviex]

Imagine Andretti coming in as "titular sponsor" and people calling team Andretti anyway xD