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The man tasked with being Cadillac F1 Team’s boss for its Formula 1 team has said the sport’s cost cap will give the team a platform on which it can build success.
Graeme Lowdon has been appointed as the Team Principal for the newly-named 11th team on the F1 grid for the next season, following formal approval. He previously served as the CEO of Virgin Racing, a team that entered F1 in 2010 and eventually transitioned into different forms under the Marussia banner before folding in 2016. Lowdon attributes the struggle of the team to perform well on the grid to the absence of a cost cap rule when they entered, unlike what is now in place for new teams entering Formula 1. He expresses confidence that the Cadillac team will not face the same fate thanks to the cost cap rule and the experienced personnel on board, including former F1 Chief Technical Officer Pat Symonds. Lowdon emphasizes the ambition of Cadillac to become a meaningful part of the competition, although he acknowledges that it may take time to achieve that goal.
