A Cadillac team is set to be part of Formula 1 racing in 2026, and it won't just be the American luxury brand's name on the cars competing against the likes of Ferrari and Mercedes in coming years.

Formula 1 is set to have 11 teams in 2026 after reaching an "agreement in principle" with General Motors, which will use its Cadillac brand.

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.

Cadillac will become the eleventh team on the Formula One grid in 2026 after the sport's owners announced this week that they had given their backing to the plan. F1 said it had reached "an agreement in principle" with the American brand’s owner General Motors (GM),

General Motors Co. and TWG Global said Monday they’ve reached a tentative agreement where GM will have an 11 th team in the global Formula One racing series starting in 2026. The new F1 team will be branded as Cadillac. It would be the first new F1 team since 2016. Each F1 team has two racing cars.

Formula One has reached an agreement in principle to bring a General Motors-Cadillac team onto the grid as an 11th syndicate in 2026. Discussions have been ongoing since January. “With Formula 1’s continued growth plans in the US,

Formula 1 is expected to approve grid expansion for an 11th team originally started by Michael Andretti as early as next week.

Since Liberty Media bought F1 in 2017, the sport has become increasingly popular in the USA, with three races now held there every year.

General Motors has a deal to join Formula 1 under the Cadillac brand and participate in the FIA Formula One World Championship for the 2026 season, the automaker announced on Monday. Formula 1 says it has accepted in principle and will move GM and Cadillac's application forward to become the 11th team on the grid — making it the first new team to join since 2016.