Andretti to partner with Cadillac in plans for F1 entry

Andretti to partner with Cadillac in plans for F1 entry

Andretti Autosport announced Thursday its plans to enter Formula 1 while bringing in a new OEM to the series in General Motors’ Cadillac.

“We are continuing to grow Andretti Global and its family of racing teams and always have our eyes on what’s next,” Michael Andretti, the chairman and CEO of Andretti Global, said in a release.

The partnership being announced when it was is encouraging for fans that want to see Andretti Autosport in F1.

“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.”

Some teams currently in the series didn’t favor the addition, but F1 has stated that any team’s entry would have much better odds if they brought in a new OEM.

“I feel that we are well suited to be a new team for Formula 1 and can bring value to the series and our partners, and excitement for the fans,” Andretti said in the release.

The series currently has four OEM’s in Mercedes, Ferrari, Honda and Renault.

Andretti also broke ground on a new facility in Fisher, Indiana last year to prepare for their plan on a long awaited entry into the series.