(Photo credit: Jerome Miron-Imagn Images)

General Motors engines will be available for use in Formula 1 races beginning in 2029, FIA, the circuit's governing body, announced on Wednesday.

GM will power cars for the Cadillac F1 team, a new entity that will start racing in 2026. The Cadillac team will use Ferrari engines from 2026 through 2028 before making the switch to GM engines.

'With this approval from the FIA, we will continue to accelerate our efforts to bring an American-built F1 power unit to the grid,' Russ O'Blenes, the CEO of GM Performance Power Units LLC, said in a statement.

Last year, a GM bid proposed by the Andretti organization was approved by FIA but rejected by F1. Now GM is in, partnering with the Cadillac team.

FIA president Mohammed Ben Sulayem said in a statement, 'Although the process was at times challenging, the progress we see today affirms the journey has been worthwhile.

'Welcoming GM Performance Power Units LLC as an approved power unit supplier for the Championship starting in 2029 marks another step in the global expansion of Formula 1 and highlights the growing interest from world-class automotive manufacturers like General Motors.

'Their dedication to innovation, sustainability, and competition is fully aligned with the FIA's vision for the future of our sport. It also strengthens our commitment to making motorsport more accessible and inclusive worldwide -- welcoming new manufacturers, advancing technology, and connecting with a broader, more diverse fan base.'

GM has teamed with TWG Motorsports to create an entity known as TWG GM Performance Power Units LLC. ESPN reported the company is making a $150 million investment in developing and testing, the latter of which will move next year to GM's Charlotte Technical Center.

--Field Level Media