Ford is getting back into Formula 1 racing to help sell EVs | CNN Business

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Ford is getting back into Formula 1 racing to help sell EVs | CNN Business
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America's major automakers are getting back into Formula 1 racing. Following GM's recent announcement that it's applying, along with Andretti Global, to field a team, Ford has now announced that it's getting back into the sport to help build engines.

America’s major automakers are getting back into Formula 1 racing. Following General Motors’ recent announcement that it’s applying, along with Andretti Global, to field a team in the prestigious racing series, Ford has now announced that it’s getting back into the sport to help build engines.

Formula 1 racing is very popular in Europe and has recently found increasing popularity in the United States. The Netflix documentary series “Drive to Survive” has been one factor that has increased the sport’s visibility in the US, and races in Miami and Las Vegas have been added to the race calendar in recent years. Before 2022, the only Formula One races in the US in the past decade were held in Austin, Texas, which is still the most popular event on the F1 calendar.

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