Andretti Global announced on Thursday that they have teamed up with General Motors to pursue an entry into Formula One using the Cadillac brand.

The intention is that Andretti Global will have a base of operations in the U.S at their new racing technology campus in Fiahers, Indiana, just outside Indianapolis while also having a base in the United Kingdom.

The announcent reunites the two companies who found success together in the NTT IndyCar Series in 2012 when they won the championship.

Speaking about today’s announcement, Michael Andretti, team owner and CEO said:

are continuing to grow Andretti Global and its family of racing teams and always have our eyes on what’s next. I feel that we are well suited to be a new team for Formula One and can bring value to the series and our partners, and excitement for the fans. I’m proud to have GM and Cadillac alongside us as we pursue this goal. GM and Andretti share a legacy born out of the love of racing. We now have the opportunity to combine our motorsport passions and dedication to innovation to build a true American F1 bid.

“Together, we will continue to follow procedures and steps put forth by the FIA during the evaluation process. In the meantime, we continue to optimistically prepare should we be fortunate enough to have Andretti Cadillac formally approved as a Formula One contender.”

Mark Reuss, President of General Motors said:

“General Motors is honored to team with Andretti Global on this historic moment in racing. We have a long, rich history in motorsports and engineering innovation, and we are thrilled with the prospect of pairing with Andretti Global to form an American F1 team that will help spur even more global interest in the series and the sport.

“Cadillac and F1 both have growing global appeal. Our brand has a motorsports pedigree that’s more than a century in the making, and we would be proud to have the opportunity to bring our distinct American innovation and design to F1.”

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