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00:02Cadillac will join the Formula One grid in 2026 with Sergio Perez and
00:06Palantir Botas as its inaugural drivers, according to CNBC.
00:10T-conferred Tuesday that had signed both veterans to multi-year deals,
00:13though financial details were not disclosed.
00:15Cadillac becomes the 11th F1 team and only the second U.S.-based entrant
00:19in series history. General Motors is the constructor under the Cadillac brand.
00:24Between them, Perez and Botas bring 527 Grand Prix starts and 16 wins.
00:28Perez was recently released by Red Bull Racing and called the opportunity a huge
00:32responsibility. Botas said joining Cadillac represented a long-term vision and a
00:37chance to shape a new team from the ground up.
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