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Deal Focus: GM's F1 entry with Cadillac rubber-stamped for 2026

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The fee involved is reported to be $450 million, which is more than double the legislated $200 million entry fee.
General Motors (GM) has officially confirmed its entry into Formula 1 with its Cadillac brand, set to begin in the 2026 season. This move aligns with the FIA's new engine regulations that emphasize sustainability, focusing on electric power and sustainable fuels. GM will collaborate with Andretti Global to form Andretti Cadillac, aiming to bring a new team to the grid. This partnership not only marks Cadillac's debut in F1 but also signifies GM's broader commitment to motorsport, leveraging its expertise in electric vehicle technology and sustainable energy solutions. The entry has been rubber-stamped, indicating a significant step forward for both GM and the sport, promising innovation and competition in the evolving landscape of Formula 1.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/sports/other/deal-focus-gm-s-f1-entry-with-cadillac-rubber-stamped-for-2026/ar-AA1vcWMm ]