One team, to be exact. F1 announced on Monday that an agreement in principle has been reached and that a General Motors-Cadillac team will be joining the grid for the 2026 season. The announcement brings to a close months of debate and discussion over a potential 11th team on the grid.

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

Since Liberty Media bought F1 in 2017, the sport has become increasingly popular in the USA, with three races now held there every year.

General Motors has a deal to join Formula 1 under the Cadillac brand and participate in the FIA Formula One World Championship for the 2026 season, the automaker announced on Monday. Formula 1 says it has accepted in principle and will move GM and Cadillac's application forward to become the 11th team on the grid — making it the first new team to join since 2016.

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 1 is set to have 11 teams in 2026 after reaching an "agreement in principle" with General Motors, which will use its Cadillac brand.

A Cadillac team is set to compete in Formula One in 2026, with racing legend Mario Andretti playing a key role.

General Motors and TWG Global have reached an agreement in principle with Formula 1 to bring a Cadillac team to the series in 2026. GM is also launching an F1 power unit that will put the Cadillac Formula 1 Team on the path to being a “full works” team — building its own F1 vehicles and power units — by the end of the decade.

US car giant General Motors reaches an agreement in principle to enter Formula 1 in 2026 with its Cadillac brand.