General Motors will partner with Andretti Global to enter Formula One, the two companies announced Thursday.
If successful, the GM’s cadillac brand The Andretti-Cadillac team will submit an expression of interest to F1’s governing body, the FIA, the companies said.
Michael Andretti, CEO of Andretti Global, told reporters: “It is well documented that Andretti Global has a desire to participate in the F1 World Championship.
“GM and Andretti both have strong histories in racing and we believe they have a lot to offer together,” said Andretti, adding that he believes the partnership “makes a great combination.”
GM President Mark Reuss said GM’s efforts leveraged Cadillac’s V-Series performance line, as well as engineering and expertise in areas such as combustion, battery technology and turbocharging.
“General Motors and its brands have a long history in motorsport and a deep passion for racing,” Reuss told reporters. “Our racing pedigree has been built on some of the best tracks and races around the world and our hope is to add Formula 1 to our competitive portfolio.”
Cadillac intends to compete in the IMSA WeatherTech Sportscar Championship and the FIA World Endurance Championship with the new hybrid Cadillac V-LMDh, GM said. General Motors and Andretti partnered with Chevrolet in the NTT IndyCar Series in 2012, winning nine in two seasons.
“Today is the first step in what we hope will be General Motors’ historical entry into F1,” said Reuss. “This has never happened before in our history.It is very exciting for us to be with Andretti.If the opportunity presents itself, GM and Cadillac will work together with passion and integrity. We will continue to elevate the sport by competing with the best players at the highest level.”