Cadillac Reportedly Spent $450 Million in Bold Push for Formula One Spot

By Newsweek   |   4 weeks ago
Cadillac Reportedly Spent $450 Million in Bold Push for Formula One Spot

Cadillac will join Formula One in 2026 after paying a $450 million anti-dilution fee to offset the reduced prize money for existing teams. The team made changes to its management and is preparing to compete in the new era of F1 regulations.

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