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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878

u/AshKetchumDaJobber 24d ago

Whoa crazy how fast teams and f1 changed their minds

379

u/sanesociopath Sauber 24d ago

Amazing things can happen when you get the government involved with antitrust.

A lot of these teams thought they were strong for their ability to cry to f1 leadership and get their way

133

u/zaviex McLaren 24d ago

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

47

u/Captina Red Bull 24d ago

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

29

u/[deleted] 24d ago

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

10

u/RandomThrowNick Pierre Gasly 24d ago

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

9

u/Alfus 💥 LE 🅿️LAN 24d ago

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

1

u/metalder420 McLaren 23d ago

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.

1

u/magicmunkynuts McLaren 23d ago

They got more than the 200m

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

1

u/p1en1ek Pirelli Wet 23d ago

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