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Cadillac ‘new team fee' is not high enough – Marko
Nov.27 Cadillac F1, the new-for-2026 Formula 1 team project, will reportedly need to pay $450 million alone in the form of an anti-dilution fee. After the original FIA-approved Andretti-Cadillac bid was blocked by F1 owner Liberty Media, a new deal involving the dropping of the Andretti brand and increased involvement from General Motors means ‘Cadillac F1' will debut in 2026. Michael Andretti has stepped back from the project, but the cars will be designed at the new Andretti Global facility at Silverstone, with Andretti's legendary father Mario Andretti involved as a non-executive advisor. When asked by NBC News if Mario's role will be like Niki Lauda's at Mercedes, the 1978...
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1y ago from OneStopStrategy.com
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