The Cadillac Formula 1 team has confirmed that Graham Loudon's dismissal as team principal "was not a mutual decision," adding that he was only informed on the morning of the announcement.
On Wednesday, Cadillac surprisingly announced that Loudon would be replaced by former Alpine executive director Marcin Budkowski for the remainder of the 2026 season and beyond. The news broke during the summer break of the American team's debut Formula 1 season, where they currently sit last in the championship without a single point after 11 rounds.
This performance, however, was largely anticipated for Cadillac's inaugural year, and it was initially assumed Loudon would continue with the team long-term, having helped build it from the ground up. Yet, CEO Dan Tauris confirmed, "this was my decision" during a media roundtable alongside Budkowski, who had been working as a TV analyst since his departure from Alpine in January 2022.
"It was not a mutual decision," Tauris confirmed. "The process began several months ago: we were really thinking about what the next phase for Cadillac Formula 1 would be, what the right timing was, what that would look like, and what the capabilities of different people were. We were delighted with the conversation with Marcin and how our relationship developed. So, with Graham, we spoke this morning, so from that perspective, the conversation is very recent.""But there's no easy way to make this transition in Formula 1. Can you imagine the press reaction if Marcin had been walking around the factory for a tour or having these conversations? At that point, it becomes destabilizing, and that's why it's important to respect the position of the leadership that is in place at that time. So, it shortens the decision-making process, the timeframe, and how these things happen. It makes it look sharper than it would otherwise. But that's the nature of Formula 1, and that's how it had to happen.""I don't think it's fair to say he was here temporarily. Everything is a function of performance and how things have evolved. These will certainly be discussions that will remain between me and Graham – where our views aligned and where they didn't. What I can say is that I have immense respect for what has been achieved. For me and for Graham, this isn't a temporary period, but almost a four-year period of planning, building, and executing all the elements.""So, the timing was right based on the circumstances that exist both in the sport and within the team, and this is the right time and place to take this step forward. Every time we make a transition in Formula 1, as you know, it's very difficult. It's very difficult to keep it a secret, that there haven't been countless leaks. But here we are. Again, we are very grateful to Graham for what he brought to the team, and we are very excited about Marcin's leadership and the future of Cadillac," Tauris added.