We’ll talk about the engine piece at a later date.”Īndretti Global, which has been building a new 575,000-square-foot headquarters in Fishers, Indiana, had been aiming to enter Formula One with the 2024 season, but it likely would be no earlier than 2026.Īndretti said Thursday morning there was no timetable for entry, which would depend on the selection process (known as “the expression of interest”) with the FIA. “We have that natural respect and relationship (with Honda), which isn’t problematic at all. “We also compete against Honda in Ind圜ar as well,” Reuss said. GM has a longtime technical partnership with Honda that recently has focused on electric vehicles. Reuss said GM and Andretti had a signed agreement with a power unit supplier and hinted GM could build F1 engines in the future.
The proposed team’s powerplant initially would be built by a third party. The great thing is GM has great people and resources ready to help us get up and running even quicker. “To have an American manufacturer behind an American team with an American driver is going to be the biggest story of the year,” Andretti said.
And if given the opportunity, GM and Cadillac will compete with the very best at the very highest levels with passion and integrity that will continue to elevate the sport for the FIA and race fans around the world.”Īndretti said his F1 bid just “evolved in a positive way” into negotiations with Cadillac. It’s very, very exciting for us to be with Andretti. “Today is the first step in what we hope to be the historic entry of General Motors into F1,” Reuss said. I was personally really over the moon, and it just evolved in a really positive way.
We weren’t searching necessarily to do it, but Michael kicked it off. This opportunity and Michael (were) just really, really important to us. Whether the leadership or the amount of money at that time or where the economy was or where the company was. “For various reasons, it was pretty tough to do that. “At some point, GM would have loved to have gotten into Formula One,” Reuss said. Reuss said F1’s increasing popularity ( and desire for continued audience growth) in the United States was intriguing but mainly credited Andretti for spurring GM’s involvement in the project. If the team is approved, it would be the first entry into F1 for GM. Michael Andretti, who has been trying since at least 2021 to enter Formula One, held a news conference with GM president Mark Reuss, confirming the deal after about four months of discussions. Michael Andretti gained a major ally in his quest to join F1 as General Motors announced Thursday morning its desire to race in Formula One with GM Racing’s Cadillac brand joining Andretti Global.
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