Cadillac are the newest team to hit the scene in Formula 1 this year, but who are they, and how did they end up being the 11th team on the grid?
This season will be the first time an 11th team has been on the F1 grid since the debut of Haas back in 2016.
The team, who also go by the nicknames Caddy or the Hogs, will have veteran drivers Valterri Bottas and Sergio Perez in their car.
Both join with lots of experience to bring to the team after driving for teams like Red Bull, Mercedes, Williams and Racing Point (now Alpine).
They are hoping that the race awareness of both drivers will allow for them to fine tune their car and give them some idea of how to improve going forward.
However, team principal Gramme Lowdon hasn’t been that successful in F1 – being part of Virgin and Manor Marussia – both teams which folded and no longer exist.
Even though Cadillac have entered the sports this year, they won’t have their own powertrain for a while, as they will be using Ferrari engine and gearbox in 2026.
During testing, it seemed as though the new kids on the block struggled for pace being around three to four seconds behind the fast-running Ferrari and Mercedes cars, but pundits are unsure as to whether this is their true “race pace”.
Who are Cadillac?
Cadillac were founded in 1902 and are based in Detroit in the USA before being bought in 1909.
They are a premium American luxury vehicle brand that is owned by General Motors (GM) – who will soon be providing their power unit in F1.
Before joining F1, Caddy have also been involved in other motorsport events including the 24 Hours of Le Mans competing in the top Hypercar class and getting competitive results.
Some of the more famous Cadillac’s include the 1957 Eldorado – a pink 1956 model famously owned by Elvis Presley, Escalade SUV, and the Cadillac V-16 from the 1930’s.
How much are they worth?
In 2022, Cadillac generated a revenue of approximately $16bn and in 2019 sold 390,458 vehicles.
In terms of their owners, General Motors, they have a market capitalisation of around $70bn.
This gives them a reported total revenue for the year of 2025 of $185bn.
The F1 team have already paid $1bn into projects surrounding the sport all before the first race in Australia.
For teams in the sport, the cost cap has been moved this season to $215 million following the new regulation changes.