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Christian Horner expresses uncertainty regarding a return to the Formula 1 paddock after leaving Red Bull. The former team principal seeks equity in a future project but faces limited options due to the 11-team grid and financial hurdles involving teams like Cadillac and Alpine.
Fenway Sports Group is pursuing a majority stake in the Cadillac Formula 1 team, valued at $3 billion, as Mark Walter considers selling his controlling interest amid a federal investigation into his insurance businesses.
Mark Walter is seeking $3 billion for his stake in the Cadillac Formula 1 team as seven parties show interest. Despite the high valuation, the team faces a projected $400 million first-year loss and remains at the bottom of the constructors' championship without scoring a point.
Valtteri Bottas hit the barrier at 320kph after his Cadillac suspension failed at Turn 1, forcing race director Rui Marques to red flag the Mexican Grand Prix. Max Verstappen led the race following a 35-minute delay to repair the track barriers.
Colton Herta sits at 39 super licence points after an FIA investigation corrected an IndyCar standings error. The driver needs just one more point from a 100km practice session to reach the 40-point threshold required for his potential 2027 Cadillac F1 entry.
Sergio Perez has signed a contract extension with Cadillac Formula 1 Team that keeps him with the outfit until at least 2029. The deal provides stability for the fledgling team as Perez prepares to make his 300th career Grand Prix start in Mexico City.
Marcin Budkowski declined to reveal Cadillac's future driver plans in Austin, amid speculation regarding Esteban Ocon and the team's search for an American driver. The team is currently evaluating Colton Herta while managing the performance gap between Sergio Perez and Valtteri Bottas.
General Motors president Mark Reuss announced the December 18 opening of a Cadillac engine factory in Charlotte, North Carolina. The facility will develop power units for the 2029 Formula 1 season following FIA approval for General Motors to act as a supplier.