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F1: Tariffs will not affect Cadillac F1 plans
General Motors President, Mark Reuss insists that automotive tariffs will not affect Cadillac's F1 entry next season. The true global effect of the ongoing 'tariff war' has yet to be seen, but GM has already cut its profit forecast for the year, expecting a financial hit of around $5bn. However, Reuss insists that this will not affect Cadillac's F1 programme. 'There's about $5bn of impact for us,' he told reporters in Miami. 'But it's not going to affect this project.' Meanwhile, as Cadillac released a teaser - which perfectly encapsulates the current state of F1, pulsating music, beautiful people, style without substance and merchandise - on social media, Team Chief Executive, Dan Towriss...
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3w ago from Pitpass.com
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