A Cadillac team is set to be part of Formula 1 racing in 2026, and it won't just be the American luxury brand's name on the cars competing against the likes of Ferrari and Mercedes in coming years.

Formula 1 is set to have 11 teams in 2026 after reaching an "agreement in principle" with General Motors, which will use its Cadillac brand.

Formula One will expand to 11 teams with the addition of the Cadillac team in 2026. It's the first time General Motors will compete in the Formula One World Championship.