One team, to be exact. F1 announced on Monday that an agreement in principle has been reached and that a General Motors-Cadillac team will be joining the grid for the 2026 season. The announcement brings to a close months of debate and discussion over a potential 11th team on the grid.

The other 10 teams had largely been against the introduction of a new outfit because of the dilution of prize money.

In 2026, the Cadillac F1 team will become the 11th team on the Formula 1 grid. Here's everything you need to know.