Cadillac is preparing to become Formula 1’s 11th team from 2026, but it’s doing so against a backdrop of global uncertainty that could hit parent company General Motors

GM reported first-quarter numbers on Tuesday but delayed its earnings conference call because President Donald Trump was set to change automotive tariff policies later in the day. The alterations came.

General Motors says it stands to lose up to $5 billion this year due to tariff-related costs. On April 3, President Donald Trump implemented 25% tariffs on imported vehicles and auto parts as a way to protect national security and force manufacturers to bring jobs back to the U.