US car giant General Motors has had its Formula 1 entry for the 2026 season formally approved. It will name the new team after its luxury Cadillac brand. The decision to approve GM's bid comes just over two months after the company reached an agreement in principle with F1 to enter the sport next year.

The Cadillac team set to debut in Formula One next year has at least six names on a list of potential drivers and will decide on merit, principal Graeme Lowdon said on Monday.

Cadillac’s new Formula One team has received final approval from F1 and its governing body, the FIA, to join the grid in 2026. In November, F1 announced it had agreed in principle to allow General Motors, the American car giant, to race from next year with its Cadillac brand, provisionally expanding the field to 11 teams.