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NASCAR team Spire Motorsportstorontosun
•Sports
Sports
83% Informative
Cadillac 's Formula 1 team receives official approval to join the grid in 2026 .
The team is owned by General Motors and TWG Motorsports, an arm of the larger TWG Global group owned by co-chairs Mark Walter and Thomas Tull .
Cadillac F1 will be the second American -owned team on the grid, joining Haas F1 .
The team is also hiring at a head-spinning rate with Graeme Lowdon named team principal, Russ O’Blenes named CEO of TWG GM Performance Power Units.
The new company aims to make Cadillac a full-works team that builds both the chassis and power units.
Towriss will not tip his hand at a possible driver lineup.
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