Andretti Global and General Motors have officially announced their intent to compete in F1. GM would be represented by the Cadillac brand; the Andretti Cadillac team would be based in the USA with a support facility in the UK.
The team says it is planning to submit an expression of interest when the FIA opens the formal process. If selected, the team is seeking to compete as soon as practical with at least one American driver.
Andretti Global is the parent company to Andretti Autosport and other Andretti racing ventures. Michael Andretti, who has been actively pursuing an F1 entry for some time, commented, “We are continuing to grow Andretti Global and its family of racing teams and always have our eyes on what’s next. I feel that we are well suited to be a new team for Formula 1 and can bring value to the series and our partners, and excitement for the fans. I’m proud to have GM and Cadillac alongside us as we pursue this goal. GM and Andretti share a legacy born out of the love of racing. We now have the opportunity to combine our motorsport passions and dedication to innovation to build a true American F1 bid.
“Together, we will continue to follow procedures and steps put forth by the FIA during the evaluation process. In the meantime, we continue to optimistically prepare should we be fortunate enough to have Andretti Cadillac formally approved as a Formula 1 contender.”
Though F1 may seem like a bold move for GM, given the headwinds legacy auto makers currently face, the company bucked the trend in 2022, reporting record profits. Company president Mark Reuss remarked, “We have a long, rich history in motorsports and engineering innovation, and we are thrilled with the prospect of pairing with Andretti Global to form an American F1 team that will help spur even more global interest in the series and the sport.
“Cadillac and F1 both have growing global appeal. Our brand has a motorsports pedigree that’s more than a century in the making, and we would be proud to have the opportunity to bring our distinct American innovation and design to F1.”