The bid for an F1 team was initially headed by IndyCar icon Michael Andretti, but he stepped back from the limelight. Now, owner Dan Towriss is heading the project with the hope of getting a General Motors-branded outfit onto the grid in 2026, with bespoke, Cadillac-badged power units as early as 2028.

With a restructuring at Andretti Global that pushed Michael Andretti into a smaller role, the chances of his organization landing a Formula 1 team have substantially increased. Dan Towriss, now the majority owner of the Andretti organization,

With a restructuring at Andretti Global that pushed Michael Andretti into a smaller role, the chances of his organization landing a Formula 1 team have substantially increased LAS VEGAS -- With a restructuring at Andretti Global that pushed Michael ...

A General Motors-backed bid to enter Formula One as an 11th team in 2026 is now looking more likely to succeed after being previously rejected, multiple sources said on Friday.

Andretti could not get approval from F1 to enter. But the situation changed in September when he reduced his role with his namesake organization.

Momentum has reportedly shifted in the GM / Andretti team's favor, nearly a year after the initial rejection of the team's plan to join as an 11th F1 team.

A decision on the status of Andretti and their participation in Formula 1 could be made in the coming weeks, with a substantial increase in the chances of acceptance coming as a result of a restructuring within Andretti Global that meant Michael Andretti was put into a smaller role within the organisation.