The post Pérez And Bottas Reportedly Drivers For New Cadillac F1 Team appeared on BitcoinEthereumNews.com. Sergio Perez and Valtteri Bottas are reportedly the drivers for the fledgling Cadillac F1 team scheduled to join the grid in 2026. (Photo by Dan Istitene – Formula 1/Formula 1 via Getty Images) Formula 1 via Getty Images In 2026, a team fielded by Cadillac will enter the Formula 1 grid. The two drivers who will pilot the cars are reportedly on the cusp of being announced. Multiple outlets are reporting that Sergio Pérez and Valtteri Bottas have signed with the fledgling team for the 2026 season. The announcement is expected sometime next week. Pérez last drove for the Oracle Red Bull team while Bottas spent the 2023 and 2024 seasons with Sauber. He is currently a reserve driver for Mercedes. In selecting the two, Cadillac is opting for experience over the potential in younger drivers. The two have a combined 16 race wins and 106 podiums over their F1 careers. Pérez was released by Red Bull after poor results in comparison to Max Verstappen, but drivers Liam Lawson and Yuki Tsunoda have fared no better. The bulk of Bottas’ achievements came about as a teammate of Lewis Hamilton while the two were part of Mercedes’ run of eight consecutive constructor championships from 2014-21. The new team, led by former Manor team principal Graeme Lowden, identified both drivers as primary targets early in the process, sources have told ESPN. The General Motors racing effort through Cadillac has targeted its own engine no later than 2030. They will enter the field in 2026 with a Ferrari powerplant. The racing effort is overseen by TWG Motorsports, a division of TWG Global, which has co-chairs Mark Walter and Thomas Tull. Dan Towriss leads TWG Motorsports as CEO. TWG Motorsports comprises Cadillac Formula 1, Andretti Global, Spire Motorsports, Wayne Taylor Racing, and Walkinshaw Andretti… The post Pérez And Bottas Reportedly Drivers For New Cadillac F1 Team appeared on BitcoinEthereumNews.com. Sergio Perez and Valtteri Bottas are reportedly the drivers for the fledgling Cadillac F1 team scheduled to join the grid in 2026. (Photo by Dan Istitene – Formula 1/Formula 1 via Getty Images) Formula 1 via Getty Images In 2026, a team fielded by Cadillac will enter the Formula 1 grid. The two drivers who will pilot the cars are reportedly on the cusp of being announced. Multiple outlets are reporting that Sergio Pérez and Valtteri Bottas have signed with the fledgling team for the 2026 season. The announcement is expected sometime next week. Pérez last drove for the Oracle Red Bull team while Bottas spent the 2023 and 2024 seasons with Sauber. He is currently a reserve driver for Mercedes. In selecting the two, Cadillac is opting for experience over the potential in younger drivers. The two have a combined 16 race wins and 106 podiums over their F1 careers. Pérez was released by Red Bull after poor results in comparison to Max Verstappen, but drivers Liam Lawson and Yuki Tsunoda have fared no better. The bulk of Bottas’ achievements came about as a teammate of Lewis Hamilton while the two were part of Mercedes’ run of eight consecutive constructor championships from 2014-21. The new team, led by former Manor team principal Graeme Lowden, identified both drivers as primary targets early in the process, sources have told ESPN. The General Motors racing effort through Cadillac has targeted its own engine no later than 2030. They will enter the field in 2026 with a Ferrari powerplant. The racing effort is overseen by TWG Motorsports, a division of TWG Global, which has co-chairs Mark Walter and Thomas Tull. Dan Towriss leads TWG Motorsports as CEO. TWG Motorsports comprises Cadillac Formula 1, Andretti Global, Spire Motorsports, Wayne Taylor Racing, and Walkinshaw Andretti…

Pérez And Bottas Reportedly Drivers For New Cadillac F1 Team

Sergio Perez and Valtteri Bottas are reportedly the drivers for the fledgling Cadillac F1 team scheduled to join the grid in 2026. (Photo by Dan Istitene – Formula 1/Formula 1 via Getty Images)

Formula 1 via Getty Images

In 2026, a team fielded by Cadillac will enter the Formula 1 grid. The two drivers who will pilot the cars are reportedly on the cusp of being announced.

Multiple outlets are reporting that Sergio Pérez and Valtteri Bottas have signed with the fledgling team for the 2026 season. The announcement is expected sometime next week.

Pérez last drove for the Oracle Red Bull team while Bottas spent the 2023 and 2024 seasons with Sauber. He is currently a reserve driver for Mercedes.

In selecting the two, Cadillac is opting for experience over the potential in younger drivers. The two have a combined 16 race wins and 106 podiums over their F1 careers.

Pérez was released by Red Bull after poor results in comparison to Max Verstappen, but drivers Liam Lawson and Yuki Tsunoda have fared no better. The bulk of Bottas’ achievements came about as a teammate of Lewis Hamilton while the two were part of Mercedes’ run of eight consecutive constructor championships from 2014-21.

The new team, led by former Manor team principal Graeme Lowden, identified both drivers as primary targets early in the process, sources have told ESPN.

The General Motors racing effort through Cadillac has targeted its own engine no later than 2030. They will enter the field in 2026 with a Ferrari powerplant.

The racing effort is overseen by TWG Motorsports, a division of TWG Global, which has co-chairs Mark Walter and Thomas Tull. Dan Towriss leads TWG Motorsports as CEO. TWG Motorsports comprises Cadillac Formula 1, Andretti Global, Spire Motorsports, Wayne Taylor Racing, and Walkinshaw Andretti United.

Cadillac F1 received final approval to be the 11th team on the Formula 1 grid in March. At the time, Towriss said that they would be “accelerating our efforts — expanding our facilities, refining cutting-edge technologies, and continuing to assemble top-tier talent.”

The additions of Pérez and Bottas would mark the most important phase of adding talent to the team.

Source: https://www.forbes.com/sites/maurybrown/2025/08/24/prez-and-bottas-reportedly-drivers-for-new-cadillac-f1-team/

Market Opportunity
Seed.Photo Logo
Seed.Photo Price(PHOTO)
$0.33094
$0.33094$0.33094
+0.37%
USD
Seed.Photo (PHOTO) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip

The post Gold Hits $3,700 as Sprott’s Wong Says Dollar’s Store-of-Value Crown May Slip appeared on BitcoinEthereumNews.com. Gold is strutting its way into record territory, smashing through $3,700 an ounce Wednesday morning, as Sprott Asset Management strategist Paul Wong says the yellow metal may finally snatch the dollar’s most coveted role: store of value. Wong Warns: Fiscal Dominance Puts U.S. Dollar on Notice, Gold on Top Gold prices eased slightly to $3,678.9 […] Source: https://news.bitcoin.com/gold-hits-3700-as-sprotts-wong-says-dollars-store-of-value-crown-may-slip/
Share
BitcoinEthereumNews2025/09/18 00:33
First Market-Neutral, Yield-Paying XRP Solution Sponsored by Axelar & Hyperithm

First Market-Neutral, Yield-Paying XRP Solution Sponsored by Axelar & Hyperithm

The post First Market-Neutral, Yield-Paying XRP Solution Sponsored by Axelar & Hyperithm appeared on BitcoinEthereumNews.com. Key Takeaways: mXRP is the first certificate to offer exposure to market-neutral, yield-paying XRP strategies. It was developed in partnership with Axelar and Hyperithm and leverages on-chain and cross-chain infrastructure. The product can potentially unlock new utility for hibernating XRP holdings by converting them into yield-paying assets. A new benchmark is achieved for XRP holders. mXRP, a structured certificate issued by Midas in collaboration with Axelar and Hyperithm, is a platform for yield generation on XRP independent of price increase. For one of the world’s most traded cryptocurrencies, this is a milestone towards further connection with decentralized finance (DeFi). Read More: XRP Price Prediction – Will It Hit $100 by 2026 and $500 by 2030? What Exactly Is mXRP? mXRP is not a basic wrapped token or derivative. It is a certificate product with the purpose of giving investors exposure to XRP through market-neutral strategies. Market-neutral implies strategies are being built to offset exposure to directional price movements and produce stable yield irrespective of whether XRP increases or decreases. No longer idle in a wallet, XRP can now be tokenized as mXRP and leveraged. Through the certificate, owners are indirectly exposed to activities like liquidity provision, market-making automation, and arbitrage between on-chain markets. The ultimate goal is to establish stable returns independent of market volatility, something never before available to traditional XRP holders. How the Strategies Generate Yield Liquidity and On-Chain Deployment The mXRP certificate takes advantage of DeFi potential within the XRPL EVM universe and beyond. With cross-chain connectivity provided by Axelar, XRP is able to flow into various blockchains and protocols. There, yield is generated through: Liquidity provisioning on decentralized exchanges. Market-neutral arbitrage, hedging price differences between trading pairs. Collateralized strategies, such as lending against stable assets and hedging exposure. All these approaches aim for risk-free returns and…
Share
BitcoinEthereumNews2025/09/23 02:49
Hal Finney, Bitcoin Pioneer, Honored 17 Years After Tweet

Hal Finney, Bitcoin Pioneer, Honored 17 Years After Tweet

On January 10, 2009, Hal Finney wrote "Running Bitcoin" on Twitter. Unknown to him, he had just engraved the public launch of the first decentralized digital currency
Share
Coinstats2026/01/11 14:05