We know a lot about Cadillac and the bid to become an F1 team. There is a time and a place for this.
The Cadillac brand will be joining the Formula One grid under the auspices of the team. The move needs approval from both F1 and racing's governing body, but it could bring two American powerhouses to the grid in the future.
Michael, the son of a 1978 F1 champion, said last year that he would like to enter F1 in the future, but the existing teams were hesitant to accept an 11th team. Racing's governing body opened the process for finding a new team in the future, according to Mohammed Benyem.
The plan to enter an "all-American" team was confirmed on Thursday by the two companies. F1 wouldn't officially join until the year 2026. The Cadillac entry is not the only one being looked at by F1 and the FIA.
As they discuss F1 and the people behind it, they will be joined by hostKatie George. You can listen on the sports network.
All of the current teams are based in Europe and the Cadillac team would operate out of the new headquarters being built in Fishers, Indiana.
Mark Reuss, president of GM, said a deal was in place if the bid succeeds.
We have a signed agreement with a power unit supplier to begin with, and then we bring a lot of our expertise to create things for the future as well."
The Sauber team has entered into a partnership with AUDI for the next 20 years, after the team was taken over by Marco Andretti.
If the Cadillac entry succeeds, he will still want a local driver, even though he had planned to include an American in the takeover.
The media was told on Thursday that there was a plan to have an American driver in the future. Everyone knows who is leading the pack.
Colt is under contract right now. We want to make sure that we have an American driver in the car.
Multiple teams have expressed interest in joining the F1 grid in the last few months.
A number of conversations are not as visible as others, but there is great interest in the F1 project at the moment.
The championship needs to remain credible and stable and any new entrant request will be assessed on criteria to meet those objectives. Both F1 and the FIA must sign off on any new entrant request.
The combination of his team and the Cadillac brand has the potential to add value to the sport.
"We feel very confident that once the expression of interest goes out, we have a very, very good shot at checking every box and being able to be on the grid soon," he said.
One of the big questions was, what does he bring to the party. We are bringing one of the biggest manufacturers in the world with us in GM and Cadillac, which will bring a tremendous amount of support to Formula One, and it's hard for anyone.
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