General Motors Cadillac will have to pay a whopping $450million to enter their team into Formula 1 as a result of F1's income being split 11 ways rather than 10.

Formula 1 on Monday at last said it will expand the grid in 2026 to make room for an American team that is partnered with General Motors. The approval ends years of wrangling that launched a U.S. Justice Department investigation into why Colorado-based Liberty Media,

General Motors is set to become the first U.S. automaker with a Formula 1 team when a Cadillac-branded team joins the racing series in 2026, F1 announced Monday, ending a years-long battle between the series and former driver Michael Andretti, who initially proposed a GM expansion.

The Cadillac brand of General Motors Co. in Detroit will make its long-awaited debut in the Formula 1 World Championship in 2026, the automaker announced Monday. Cadillac Formula 1 will be the first new team to join F1 since 2016 and the 11th team on the grid.

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.

General Motors plans to enter Formula One with its Cadillac brand in 2026 after announcing an agreement in principle with the Liberty Media-owned sport on Monday.

Formula 1 has reached an agreement in principle with American car giant General Motors for its Cadillac brand to join the F1 grid as a new 11th team from 2026.

Formula 1 announced that General Motors had "achieved operational milestones and made clear their commitment to brand the eleventh team GM/Cadillac."

After a very public failed attempt by Michael Andretti to bring another American team to Formula 1, General Motors has fought through the bureaucracy and politics to join the grid as a works team in 2026. The announcement came this morning after the series just wrapped up the Las Vegas Grand Prix over the weekend.