Formula One is set to have an 11th team on the grid in 2026 after Cadillac's proposed entry was rubber-stamped by the sport's bosses.
Cadillac, a division of American motoring giant General Motors, is expected to be powered by Ferrari before it develops its own engines.
The move comes after F1 initially rejected the bid which was headed up by Andretti - owned by former F1 driver Michael Andretti, son of 1978 world champion Mario Andretti - earlier this year. The Andretti name has since been dropped from the proposal.
And while it is understood that Mario will be handed an ambassadorial role in the project, Michael is no longer involved.
Cadillac already has a presence in endurance racing events such as the 24-hour Le Mans race.
The other ten teams had largely been against the introduction of a new outfit because of the dilution of prize money.
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