GM and TWG signed an agreement in principle with Formula 1 to add an 11th team under its Cadillac brand. The new company will focus on developing powertrains for the

GM and TWG Motorsports team up to make Cadillac a "full works" F1 team by 2026, led by industry leader Russ O’Blenes.

General Motors has set up an engine company to turn its planned Cadillac Formula One entry into a full works team by the end of the decade, the carmaker said on Thursday.

Cadillac's prospective Formula 1 team has announced its plan to build its own engines out of an American base by the end of the decade.

Cadillac recently inked a multi-year deal with Ferrari to use its power units when it joins F1 in 2026. GM announced a new powertrain company that will build Cadillac’s F1 engines in order to become a full works team.

Cadillac's F1 team will have its own chassis and power unit, with the latter to be sourced from North Carolina.

General Motors along with TWG Motorsports is forming a new company named GM Performance Power Units LLC. The primary focus of this new entity is the development

The new venture will produce Cadillac’s in-house power unit for F1 beyond its deal with current supplier Ferrari