Formula 1 announces agreement in principle for 11th team to join grid

The GM/Cadillac crew would be the eleventh crew on the grid for the 2026 season as System 1 introduced the landmark settlement in precept for a brand new crew

System 1 have introduced an ‘settlement in precept’ with Common Motors to make GM/Cadillac the eleventh crew on the grid from the 2026 season.

In a press release F1 stated: “System 1 has maintained a dialogue with Common Motors, and its companions at TWG World, concerning the viability of an entry following the industrial evaluation and resolution made by System 1 in January 2024.

“Over the course of this 12 months, they’ve achieved operational milestones and made clear their dedication to model the eleventh crew GM/Cadillac, and that GM will enter as an engine provider at a later time. System 1 is subsequently happy to maneuver ahead with this software course of and can present additional updates sooner or later.”

The settlement comes after F1 rejected Andretti’s bid in partnership with GM earlier this 12 months, with a brand new supply set to be thought-about for 2028.

However after Michael Andretti left the talks, GM/Cadillac’s entry headed by Andretti World majority shareholder Dan Towriss is now set to hitch.

Towriss stated: “We’re excited to accomplice with Common Motors in bringing a dynamic presence to System 1. Collectively, we’re assembling a world-class crew that may embody American innovation and ship unforgettable moments to race followers all over the world. We respect the FIA and FOM’s help of our software and their recognition of the worth we will carry to the championship.’’

Greg Maffei, the president and CEO of F1 homeowners Liberty Media, stated: “With System 1’s continued progress plans within the US, now we have at all times believed that welcoming a powerful US model like GM/Cadillac to the grid and GM as a future energy unit provider may carry further worth and curiosity to the game.

“We credit score the management of Common Motors and their companions with vital progress of their readiness to enter System 1. We’re excited to maneuver ahead with the applying course of for the GM/Cadillac crew to enter the Championship in 2026.”

Mark Reuss, the president of Common Motors, added: “As the top of motorsports, F1 calls for boundary-pushing innovation and excellence. It’s an honour for Common Motors and Cadillac to hitch the world’s premier racing sequence, and we’re dedicated to competing with ardour and integrity to raise the game for race followers all over the world.

“It is a international stage for us to reveal GM’s engineering experience and expertise management at a wholly new degree.”