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26th November 2024, 11:05
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General Motors scope "agreement successful principle" with F1 to go the 11th squad from 2026 season
Formula One has released an authoritative connection confirming that they person reached an "agreement successful principle" with General Motors to enactment GM/Cadillac to go the 11th squad connected the F1 grid from the 2026 season.
F1 is said to person maintained dialog with some General Motors and its partners, TWG Global, regarding the former's introduction into the sport, pursuing the commercialized appraisal made astatine the commencement of the year. General Motors, implicit the people of the year, is said to person achieved operational milestones and made a wide committedness to marque the squad GM/Cadillac. While the squad could signifier the 11th squad from 2026, GM volition participate arsenic an motor supplier astatine a somewhat aboriginal stage.
Formula 1 truthful confirmed that they person decided to determination guardant with the exertion process of GM.
Stefano Domenicali, President & CEO of Formula 1, stated, "General Motors and Cadillac’s committedness to this task is an important and affirmative objection of the improvement of our sport. We look guardant to seeing the advancement and maturation of this application, definite of the afloat collaboration and enactment of each the parties involved."
Mark Reuss, President of General Motors, said, "As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence. It’s an honour for General Motors and Cadillac to articulation the world’s premier racing series, and we’re committed to competing with passionateness and integrity to elevate the athletics for contention fans astir the world. This is simply a planetary signifier for america to show GM’s engineering expertise and exertion enactment astatine an wholly caller level."
Last edited by RahulNagaraj : 26th November 2024 astatine 11:07.
