Formula 1 is adding an 11th team in 2026 and it will be owned by U.S. automaker General Motors (NYSE: GM). The deal comes after contentious negotiations, but is a win for both sides, brining another "works" team to the grid and massive exposure to GM.

Formula One announced Monday that “an agreement in principle” has been reached “with General Motors to support bringing GM/Cadillac” to the grid as the sport’s 11th team in 2026.

General Motors is set to become the first U.S. automaker with a Formula 1 team when a Cadillac-branded team joins the racing series in 2026, F1 announced Monday, ending a years-long battle between the series and former driver Michael Andretti, who initially proposed a GM expansion.

The team will use Ferrari engines its first two years until GM has a Cadillac engine built for competition in time for the 2028 season.

The arrival of General Motors - Cadillac has created tremendous excitement in Formula 1 circles but what do we know so far and who will drive for them?

The Cadillac F1 team will initially be a customer team in 2026—with its engine supply to be determined. Cadillac is expected to produce its own Formula 1 engines by 2028. GM president Mark Reuss said: “As the pinnacle of motorsports, F1 demands boundary-pushing innovation and excellence.

The GM team's entry into F1 will come as the series introduces new car regulations after 2025. Other new manufacturers are joining the series in 2026 like Ford and Audi. Ford will power the Red Bull cars for four-time champion Max Verstappen, while Audi is taking over the Sauber team.

Formula One could expand to 12 teams now that General Motors' brand Cadillac has been accepted as the 11th from 2026, according to FIA president Mohammed Ben Sulayem.

Formula 1 could expand to 12 teams now that Cadillac has been accepted as the 11th from 2026, says FIA president Mohammed Ben Sulayem.

The Cadillac F1 team will join the grid in 2026, and FIA president Mohammed Ben Sulayem believes it wouldn't have happened without him.