Formula One F1 - Spanish Grand Prix - Circuit de Barcelona-Catalunya, Barcelona, Spain - June 20, 2024 General view as a worker cleans the FiA logo ahead of the Spanish Grand Prix REUTERS/Albert Gea/ File Photo
(Reuters) -Formula One's governing body has officially approved GM Performance Power Units as an official engine supplier from 2029, the FIA said on Wednesday.
The company has been formed by TWG Motorsports and General Motors to power the new Cadillac team that will debut next season.
Cadillac will use Ferrari units until the GM engines are available.
"With this approval from the FIA, we will continue to accelerate our efforts to bring an American-built F1 power unit to the grid," said GM Performance Power Units CEO Russ O'Blenes in a statement.
The company plans to open a dedicated facility near Charlotte, North Carolina, in 2026.
(Reporting by Alan Baldwin, editing by Christian Radnedge)