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Forbes reports that Formula 1 (F1) is in renewed talks to add a General Motors-backed team to its grid by 2026. The potential addition would bring the total number of teams to 11, with Cadillac supplying power plants starting from 2028. This move has sparked debate among F1 stakeholders, with some expressing concerns about revenue dilution and others welcoming the opportunity for growth.

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Source: https://www.forbes.com/sites/maurybrown/2024/11/22/formula-1-in-renewed-talks-to-bring-general-motors-backed-team-to-grid-in-2026/