Cadillac F1 to Pay Record $450 Million New Team Fee

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.....check out full post »