EconomyLens.com
No Result
View All Result
Sunday, June 15, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

Cadillac win final approval for F1 place in 2026

Thomas Barnes by Thomas Barnes
March 8, 2025
in Business
Reading Time: 3 mins read
A A
1
62
SHARES
772
VIEWS
Share on FacebookShare on Twitter

Cadillac have received final approval to become the 11th team in Formula One from the 2026 season. ©AFP

Paris (AFP) – Cadillac have received final approval to become the 11th team in Formula One from the 2026 season, motorsport’s governing body the FIA and F1 announced on Friday. The US team, backed by TWG Motorsports and General Motors (GM), achieved the green light just over two months after the company reached an agreement in principle with Formula 1.

Related

Renault boss Luca de Meo to step down, company says

US Steel, Nippon partnership proceeds with security deal, ‘golden share’

War, trade and Air India crash cast cloud over Paris Air Show

One survivor after London-bound plane with 242 on board crashes in India

India plane crash: What we know

F1 had previously turned down a bid from the US team Andretti, which was linked to Cadillac, but GM’s increased commitments about their involvement in the venture swayed F1 and the FIA. The team’s engines will initially be supplied by Ferrari, but GM have agreed to build its own engine in the future.

Stefano Domenicali, President and CEO of Formula 1, said: “As we said in November, the commitment by General Motors to bring a Cadillac team to Formula 1 was an important and positive demonstration of the evolution of our sport. I want to thank GM and TWG Motorsports for their constructive engagement over many months and look forward to welcoming the team on the grid from 2026 for what will be another exciting year for Formula 1.”

The new team will be a joint venture between GM, with Dan Towriss, owner of US team Andretti Global, as a key investor. Former F1 driver Michael Andretti is no longer involved with the team he founded, but his father Mario, the 1978 F1 world champion, will take up an advisory role.

© 2024 AFP

Tags: automotive industryformula oneSports
Share25Tweet16Share4Pin6Send
Previous Post

Shares slump on Trump tariffs tinkering, jobs

Next Post

Greenland’s mining bonanza still a distant promise

Thomas Barnes

Thomas Barnes

Related Posts

Business

Germany’s BioNTech to buy CureVac to boost cancer research

June 12, 2025
Business

787 Dreamliner is Boeing’s flagship long-distance plane

June 12, 2025
Business

Ryanair says will fine ‘disruptive passengers’ 500 euros

June 12, 2025
Business

Fizzled out: French winemaker risks prison over champagne fraud

June 11, 2025
Business

French Tesla customers sue over brand becoming ‘extreme right’

June 10, 2025
Business

TikTok says to increase investment in Britain

June 9, 2025
Next Post

Greenland's mining bonanza still a distant promise

US Fed chair flags policy uncertainty, in no rush to adjust rates

Trump says dairy, lumber tariffs on Canada may come soon

From critic to investor: Trump welcomes crypto leaders to White House

5 1 vote
Article Rating
Subscribe
Notify of
guest
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

71

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Renault boss Luca de Meo to step down, company says

June 15, 2025

Sober clubbing brews fresh beat for Singapore Gen Z

June 14, 2025

US Fed set to hold rates steady in the face of Trump pressure

June 14, 2025

Big tech on a quest for ideal AI device

June 14, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.