GM and Cadillac’s F1 Entry Still Firm Despite Rejection
Oct.11 - General Motors, via its Cadillac brand, is still keen to enter Formula 1.
In recent days, the motor racing world was shocked by the news that Michael Andretti is stepping back from his own racing empire, Andretti Global.
Despite the FIA's approval, Liberty Media-owned F1 rejected Andretti's bid to expand its empire into Formula 1, despite backing from GM and Cadillac.
The rejection prompted a US political investigation into F1's alleged anti-competitive behaviour - which has been linked with Michael Andretti stepping back at Andretti Global.
Rumours have also been swirling that Cadillac is still keen to enter F1 with its own engine from 2028.
France's Auto Hebdo says General Motors' executive director of motorsports, Eric Warren, declared last month: "We will continue to follow the process in Formula 1.
"We've been working on it for two years. It's a process. We're intensively developing a power unit. We're intensively developing the car.
"We had positive meetings last week. We are not giving up," he insisted. "We are committed to being involved and, one way or another, we will be there."
Reports suggest Andretti's basic F1 car design will be ready by the end of the year.
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It boggles the mind thinking of reasons why Liberty Media doesn't want Cadillac involved in F1. A few years ago, it looked like F1 might collapse because there weren't enough companies interested in spending the massive amount of money to develop a competitive car in F1. Now they are rejecting a valid entry. Why? Maybe Ferrari is concerned that their annual bribe to stay in F1 is in danger.