financetom
Business
financetom
/
Business
/
Motor racing-Cadillac test driver Herta to race for Hitech in F2
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Motor racing-Cadillac test driver Herta to race for Hitech in F2
Oct 21, 2025 12:14 PM

Oct 21 (Reuters) - American nine-times IndyCar race winner Colton Herta will compete in next year's Formula Two championship with Hitech while continuing as a test driver for Formula One debutants Cadillac, the General Motors ( GM )-backed outfit said on Tuesday.

Cadillac confirmed Herta in September as their Formula One test driver, with his move to Formula Two marking a return to European single-seater racing as he seeks the super-licence points required to compete in Formula One.

"This is an amazing opportunity to develop my skills in European racing and to measure myself against some of the best young drivers in the world," Herta said in a team statement.

"Racing on the same weekends as Formula One will give me first-hand experience of that environment and help me grow as part of the Cadillac F1 family."

Herta, 25, widely regarded as one of the United States' most accomplished young drivers, became the youngest winner in IndyCar history in 2019.

He raced in junior European series earlier in his career, including British F4, British F3 and Euroformula Open, before establishing himself as a front-runner in IndyCar with Andretti Global.

Cadillac, who will enter Formula One in 2026 with drivers Valtteri Bottas and Sergio Perez, said Herta's F2 programme with Hitech would allow close integration with the F1 team through simulator and trackside duties.

"Colton has already shown exceptional talent and professionalism throughout his career," said Cadillac F1 Team CEO Dan Towriss.

"Competing in F2 will strengthen his racecraft in the European environment and allow greater integration with our team."

Hitech are one of Formula Two's leading teams and have helped develop several current Formula One drivers.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Waystar aims to raise $1 bln in US IPO
Waystar aims to raise $1 bln in US IPO
May 28, 2024
May 28 (Reuters) - Healthcare payments company Waystar said on Tuesday it was aiming to raise up to $1.04 billion in its initial public offering in the United States. ...
Kincora Copper Signs Earn-in and Joint Venture Agreement with AngloGold Ashanti for Australia Project
Kincora Copper Signs Earn-in and Joint Venture Agreement with AngloGold Ashanti for Australia Project
May 28, 2024
06:50 AM EDT, 05/28/2024 (MT Newswires) -- Kincora Copper ( BZDLF ) on Tuesday said it has signed a multiple-phase earn-in and joint venture agreement with a subsidiary of AngloGold Ashanti for the Northern Junee-Narromine Belt project in Australia. AngloGold has the right to spend up to A$50 million to earn an 80% interest. In Phase I, AngloGold may spend...
Move to faster stock settlement creates unique hurdles for ETF market
Move to faster stock settlement creates unique hurdles for ETF market
May 28, 2024
(Reuters) - The move to next-day settlement for trading in U.S. securities on Tuesday will require exchange-traded funds (ETFs) and the marketmakers to juggle multiple jurisdictional requirements and capital needs, market participants said. U.S. trading moves to a shorter settlement on Tuesday, which regulators hope will reduce risk and improve efficiency in the world's largest markets, but is expected to...
Bank of Nova Scotia Q2 Adjusted Profit Beats Estimates as Revenue Grows; Maintains Dividend
Bank of Nova Scotia Q2 Adjusted Profit Beats Estimates as Revenue Grows; Maintains Dividend
May 28, 2024
06:45 AM EDT, 05/28/2024 (MT Newswires) -- Bank of Nova Scotia ( BNS ) on Tuesday reported second-quarter adjusted profit that beat Capital IQ estimates despite an increase in provisions for credit losses. Revenue rose. The bank reported fiscal second-quarter adjusted net income of $2.11 billion, or $1.58 per diluted share, down from $2.16 billion, or $1.69 per diluted share,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved