• Statement on General Motors application to join FIA Formula One World C

    From a425couple@21:1/5 to All on Mon Nov 25 12:25:01 2024
    XPost: rec.autos.sport.indycar, rec.autos.sport.nascar

    from https://www.formula1.com/en/latest/article/statement-on-general-motors-application-to-join-fia-formula-one-world.69uoRF1uwHwXkr4efkpnhc

    Statement on General Motors application to join FIA Formula One World Championship in 2026
    2 hours ago
    F
    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.

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    Greg Maffei, President and CEO of Liberty Media:

    “With Formula 1’s continued growth plans in the US, we have always
    believed that welcoming an impressive US brand like GM/Cadillac to the
    grid and GM as a future power unit supplier could bring additional value
    and interest to the sport.

    “We credit the leadership of General Motors and their partners with significant progress in their readiness to enter Formula 1. We are
    excited to move forward with the application process for the GM/Cadillac
    team to enter the Championship in 2026.”

    Stefano Domenicali, President and CEO of Formula 1:

    “General Motors and Cadillac’s commitment to this project is an
    important and positive demonstration of the evolution of our sport. We
    look forward to seeing the progress and growth of this application,
    certain of the full collaboration and support of all the parties involved.”

    Mohammed Ben Sulayem, President of the FIA:

    “General Motors is a huge global brand and powerhouse in the OEM world
    and is working with impressive partners. I am fully supportive of the
    efforts made by the FIA, Formula 1, GM and the team to maintain dialogue
    and work towards this outcome of an agreement in principle to progress
    this application to bring a GM/Cadillac branded team on the grid for the
    2026 FIA Formula One World Championship. All parties, including the FIA,
    will continue to work together to ensure the process progresses smoothly.”

    Mark Reuss, President of General Motors:

    “As the pinnacle of motorsports, F1 demands boundary-pushing innovation
    and excellence. It’s an honor for General Motors and Cadillac to join
    the world’s premier racing series, and we’re committed to competing with passion and integrity to elevate the sport for race fans around the
    world. This is a global stage for us to demonstrate GM’s engineering expertise and technology leadership at an entirely new level.”

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    Dan Towriss, CEO of TWG Global’s motorsport business:

    "We're excited to partner with General Motors in bringing a dynamic
    presence to Formula 1. Together, we’re assembling a world-class team
    that will embody American innovation and deliver unforgettable moments
    to race fans around the world. We appreciate the FIA and FOM’s support
    of our application and their recognition of the value we can bring to
    the championship."


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  • From Eric@21:1/5 to All on Mon Nov 25 14:49:26 2024
    XPost: rec.autos.sport.indycar, rec.autos.sport.nascar

    On 2024-11-25 13:25, a425couple wrote:
    from
    https://www.formula1.com/en/latest/article/statement-on-general-motors- application-to-join-fia-formula-one-world.69uoRF1uwHwXkr4efkpnhc

    Statement on General Motors application to join FIA Formula One World Championship in 2026
    2 hours ago
    F
    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.

    SNIP
    Discover more news

    Oh wow, I'm sure we all heard the rumours over the weekend but I wasn't expecting the announcement so quickly. I think this will be interesting
    - it's good to see more opportunities for drivers.

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  • From a425couple@21:1/5 to Eric on Mon Nov 25 19:06:27 2024
    XPost: rec.autos.sport.indycar, rec.autos.sport.nascar

    On 11/25/24 13:49, Eric wrote:
    On 2024-11-25 13:25, a425couple wrote:
    from
    https://www.formula1.com/en/latest/article/statement-on-general-
    motors- application-to-join-fia-formula-one-world.69uoRF1uwHwXkr4efkpnhc

    Statement on General Motors application to join FIA Formula One World
    Championship in 2026
    2 hours ago
    F
    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.


    Oh wow, I'm sure we all heard the rumours over the weekend but I wasn't expecting the announcement so quickly. I think this will be interesting
    - it's good to see more opportunities for drivers.

    I think it is entirely correct.
    Especially proper because all 10 current teams are so competitive
    in times with each other. Really very historically close.

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