Cadillac’s reported £121.9m loss predates its F1 debut
RacingNews365 reports that Cadillac’s British F1 subsidiary recorded a £121.9 million after-tax loss in 2025, before the team’s 2026 debut. The outlet also reports a year-end headcount of 307 and conditional funding support described by director Dan Towriss.
RacingNews365 reports that Cadillac’s British F1 subsidiary, TWG Cadillac Formula 1 Team Limited, recorded an after-tax loss of £121.9 million in 2025.
The figure covers the year before Cadillac’s F1 debut. RacingNews365 says the company could not generate sufficient turnover, including from commercial sponsorship. F1 prize money was unavailable because Cadillac did not compete in the 2025 season.
RacingNews365 reports that the team’s headcount reached 307 by the end of 2025, compared with 88 at the end of 2024. It also says director Dan Towriss reported that TWG Cadillac Formula 1 Team LLC, the US company, would provide funding if needed to meet outstanding liabilities. Towriss did not expect that support to be necessary and cited binding investor commitments, according to the outlet.
RacingNews365 estimates that Cadillac’s 2026 accounts will be published on or around September 30, 2027.
Sources 01
- SOURCECadillac £121 million financial loss comes with huge F1 caveatRacingNews365 English
Source context
RacingNews365 attributes the reported loss, headcount and Dan Towriss’s comments to the company’s annual submission. The funding was conditional; Towriss reportedly did not expect it to be required. The outlet’s timing for publication of the 2026 accounts is an estimate, not a confirmed filing date.
Claims and supporting evidence 5
Attributed to RacingNews365’s account of the company’s annual submission.
The report distinguishes insufficient turnover, including sponsorship, from prize money being unavailable because Cadillac did not compete.
Attributed to RacingNews365’s account of the company submission.
The reported statement is attributed to Towriss and the proposed funding is clearly described as conditional.
Presented as the outlet’s estimate, not a confirmed filing date.
Corrections and updates to this story
Cadillac’s reported £121.9m loss predates its F1 debut
This update adds RacingNews365’s reporting on Cadillac’s year-end headcount and on conditional funding described by director Dan Towriss. It also distinguishes insufficient turnover, including commercial sponsorship, from F1 prize money being unavailable because Cadillac did not compete in 2025.
Cadillac’s reported £121.9m loss predates its F1 debut
Manual editorial correction: clarified wording and attribution and removed repeated or source-process prose where present. The underlying reporting and sources are unchanged. / Handmatige redactionele correctie: formuleringen en bronvermelding verduidelijkt; herhaling en controletaal verwijderd waar aanwezig. De verslaggeving en bronnen zijn behouden.
This article was produced with AI assistance. Source references make its supporting evidence traceable.