Formula 1 and its 11 2026 teams agreeing commercial terms for a new five-year Concorde Agreement is welcome news as the series is nearing the end of the current deal, and is preparing for Cadillac's arrival.
Autosport understands the US manufacturer has agreed to pay a $450m anti-dilution fee to be allowed in as an 11th expansion team, having recently cleared the final hurdles to secure a place on the grid. Cadillac will otherwise be treated the same as every other team and will compete for prize money from year one.
