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Cadillac to join F1 grid from 2026 as entry approved
(www.skysports.com)
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As others have said they're more luxury oriented but they still do have performance models but they do have a history in sports car racing.
GM had been using them successfully for racing versions of their sedans since 2004, they have their lmdh program that's been running since like 2017, and lately they also have prototype program from 2000-02 that competed in ALMS but didn't go anywhere because the Audi R8 was to dominate at the time.