F1 confirm agreement over NEW team in shock statement

Formula 1 have released an official statement confirming that an agreement has been reached for an 11th team to join the F1 grid from 2026.

Andretti Global have been pushing for an F1 entry for a number of years, with their bid late last year initially granted by the FIA, but pushed back by Formula One Management over concerns about how much value the entry would bring.

F1 HEADLINES: Verstappen delivers championship DIG as FIA penalty verdict announced

WATCH: Cadillac F1: Why Formula 1 finally accepted an 11th team

Now, a year on, F1 have confirmed that a new General Motors-Cadillac entry bid has been successful, and that an agreement has been reached following talks at the Las Vegas Grand Prix.

It means that there will be an 11th team on the F1 grid in 2026, named GM/Cadillac, before General Motors support the new outfit at a later date with the production of their own power units.

GM/Cadillac to join F1 grid

Following the faltering of the original Andretti bid, CEO Michael Andretti stepped away from the project, and was replaced at the helm by Dan Towriss.

In their official statement, F1 made it clear that 'operational milestones' had been reached since the initial rejection, and that it became clear that the entry bid would be led by the GM/Cadillac name, rather than Andretti.

Outgoing Liberty Media CEO and president Greg Maffei said on the agreement: "With Formula 1’s continued growth plans in the US, we have always believed that welcoming an impressive US brand like GM/Cadillac to the grid and GM as a future power unit supplier could bring additional value and interest to the sport.

"We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1. We are excited to move forward with the application process for the GM/Cadillac team to enter the championship in 2026."

Meanwhile, Stefano Domenicali, President and CEO of F1 said: "General Motors and Cadillac’s commitment to this project is an important and positive demonstration of the evolution of our sport.

"We look forward to seeing the progress and growth of this entry, certain of the full collaboration and support of all the parties involved."

READ MORE: Red Bull championship bid FAILING as F1 team DEMOTED

Related

More F1 news

Latest F1 news

The sweet promise F1 champion Max Verstappen kept for his sister will melt your heart

• Yesterday 21:45

Red Bull told to replace Max Verstappen with F1 'gem', but there is a catch

• Yesterday 19:45

Red Bull talent drain hits again as another Max Verstappen ally joins F1 rivals

• Yesterday 12:30

F1 News Today: Verstappen team 'deliberately leaked' photo as champion reveals clear the air talks

• Yesterday 06:58

Max Verstappen set for new seven-time champion rival at Nurburgring

• July 14, 2026 23:15

F1 star claims Red Bull may have already found Max Verstappen replacement

• July 14, 2026 22:30