Cadillac will enter Formula 1 for the first time in nearly two decades in 2026 as a fully-fledged constructor, building their own chassis and joining the grid alongside established manufacturers. The F1 Constructors' Championship, determined by accumulated points from both team drivers across the full racing season (which concludes in early December), represents one of motorsport's most competitive metrics, with dominant teams like Ferrari, Mercedes, and Red Bull typically fighting for supremacy. Cadillac's 1% implied odds reflect the significant challenge of winning the championship in their debut year—historically, no constructor has won or come close to a title in their inaugural F1 season. The market prices in both technical capability relative to decades-old competitors and the unpredictable nature of adapting to F1's regulatory environment while still developing their power unit. As pre-season testing data emerges and Cadillac reveals their chassis performance characteristics, these odds may shift substantially based on actual competitive indicators and early race results.