GM has a deal to bring a new Cadillac F1 team to the grid
Briefly

General Motors has announced that it will join Formula 1 under the Cadillac brand, participating in the FIA Formula One World Championship starting in the 2026 season.
The addition of GM and Cadillac marks the first new team to join Formula 1 since 2016, expanding the current team roster to 11.
Innovations from F1 will aid GM's future transportation goals, leveraging advanced technology in electrification, powertrain, and internal combustion engines for global consumers.
Liberty Media's CEO, Greg Maffei, stated that GM's role as a future power unit supplier could enhance interest and value in Formula 1.
Read at The Verge
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