This market resolves if a press release by Formula 1 or General Motors or Andretti announces Andretti Cadillac Motorsport are racing in the 2025 Formula 1 season. Or whether they make a compromise and allow Andretti Cadilac to join only in the 2026 season, after a new Concorde Agreement is renewed.
In case of doubt, this market resolves during F1 first race of 2026.
1,000🏅 Top traders
| # | Trader | Total profit |
|---|---|---|
| 1 | Ṁ75 | |
| 2 | Ṁ52 | |
| 3 | Ṁ34 | |
| 4 | Ṁ22 | |
| 5 | Ṁ4 |
Statement on General Motors application to join FIA Formula One World Championship in 2026
Formula 1 announced today that it has reached an agreement in principle with General Motors (GM) to support bringing GM/Cadillac as the 11th team to the Formula 1 grid in 2026.
Formula 1 has maintained a dialogue with General Motors, and its partners at TWG Global, regarding the viability of an entry following the commercial assessment and decision made by Formula 1 in January 2024.
Over the course of this year, they have achieved operational milestones and made clear their commitment to brand the eleventh team GM/Cadillac, and that GM will enter as an engine supplier at a later time. Formula 1 is therefore pleased to move forward with this application process and will provide further updates in due course.