Auto heavyweights Andretti, GM join to race on Formula 1’s global stage

Auto heavyweights Andretti, GM join to race on Formula 1’s global stage

Two icons of the U.S. auto world, Andretti Global and General Motors Co.’s Cadillac, are

Two icons of the U.S. auto world, Andretti Global and General Motors Co.’s Cadillac, are teaming up to race in the world’s most prestigious, open-wheel, motor-racing series, Formula 1.

The bombshell news Thursday came as Formula 1 and Cadillac are making major pushes in new markets, and dovetails with retired race-car driver Michael Andretti’s ambitions to follow in the footsteps of his famous father, Mario Andretti, to conquer F1 with an American team.

The move also comes as GM is accelerating its commitment to global motorsport: Cadillac is pursuing victory at the 24 Hours of Le Mans this year with a new, prototype sports car, and the Chevrolet brand’s Corvette Z06 GT3 race car will be available for private teams to race across the globe in 2024.

Auto heavyweights Andretti, GM join to race on Formula 1’s global stage

But the time seems ripe for both GM and Andretti. F1 has surged in interest in the U.S. in recent years with three Grand Prix on the schedule for 2023: Austin, Miami and Las Vegas. Furthermore, the series has championed electrified racing with a promise for zero-emission racing by 2026 — an ambition that dovetails with GM’s Zero-Zero-Zero mantra (zero crashes, zero emissions and zero congestion), with Cadillac taking the lead as GM’s first global all-electric brand.