The new venture will produce Cadillac’s in-house power unit for F1 beyond its deal with current supplier Ferrari

General Motors has set up an engine company to turn its planned Cadillac Formula One entry into a full works team by the end of the decade, the carmaker said on Thursday.

General Motors announced Thursday morning the creation of a new business: GM Performance Power Units LLC. The new entity is tasked with helping the new Cadillac Formula 1 outfit become a “full works” team by the turn of the decade.

As is widely known, Cadillac Racing will make its Formula 1 debut in 2026. This will bring the total number of teams on the grid to 11, with 22 drivers competing. In preparation for this, TWG Motorsports and General Motors have announced the formation of Performance Power Units LLC,