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Cadillac F1 Owner Breaks Silence Amid Intense Sale Rumors
Highlights
- TWG Global denies rumors of selling Cadillac F1 team.
- Mark Walter under US federal and SEC investigations.
- Graeme Lowdon replaced by Marcin Budkowski as team principal.
- TWG Motorsports confirms ongoing investment and new factory plans.
- No charges linked to Cadillac F1 or Indiana headquarters.
- Cadillac F1 focused on 2026 season with Pérez and Bottas.
TWG Global, owner of the Cadillac F1 team, issues a firm denial that the outfit is for sale, addressing speculation ahead of the Dutch Grand Prix at Zandvoort.
The denial comes as US federal and SEC investigations examine four intermediary companies within Mark Walter’s business network, focusing on suspected undisclosed intercompany loans.
Concerns extend to Walter’s wider sports portfolio, spanning Chelsea, the Los Angeles Dodgers, and TWG Motorsports, which runs Cadillac F1 alongside IndyCar and Formula E programmes.
TWG Motorsports states no sale discussions involve Cadillac F1 or any group assets, aiming to stabilise expectations after recent team changes.
In parallel, leadership shifts continue. Graeme Lowdon steps down as team principal, with Marcin Budkowski installed as his replacement, as announced last week.
Marcin Budkowski replaces Graeme Lowdon as team principal.
Budkowski distances his appointment from the financial inquiries, pointing instead to capital commitments, a new factory build, ongoing recruitment, and the broader Cadillac F1 experience.
The timing matters. The message lands just before Zandvoort, targeting noise management as programmes ramp after the summer break.
Crucially, investigators do not involve the Cadillac F1 operation or the Indiana headquarters developer, and no charges are filed against related parties at this stage.
TWG Motorsports CEO Dan Towriss skips Zandvoort, attending an IndyCar event in Washington, DC, underlining the group’s multi‑series footprint and executive bandwidth.
Separate to F1, Mark Walter sells his recently acquired Los Angeles Lakers stake. The holding, bought near $10 billion, is now valued around $12.5 billion.
US federal and SEC inquiries do not involve Cadillac F1 or its Indiana HQ developer.
On‑track priorities remain intact. Cadillac targets 2026 with Sergio Pérez and Valtteri Bottas, aiming to convert investment into stability, recruitment, and car development momentum.
The paddock will monitor whether governance noise disrupts cadence. For now, funding signals and headcount plans point to continuity rather than retrenchment.
TWG Global reiterates the Cadillac F1 team is not for sale.
Visual Summary
NOT FOR SALE
TWG Global: “Cadillac F1 team is committed to Formula 1”
Rumors
Denial
Lowdon
Budkowski
Budkowski
Management shift
No Sale
✔️
Team Focused
🏁
No Charges
🟢
Sergio Pérez • Valtteri Bottas — Ready for 2026
New factory build, new era, commitment endures
All Eyes On the Track
No distractions—Cadillac F1’s journey roars on
No distractions—Cadillac F1’s journey roars on
Daniel Miller reports on Formula 1 Grand Prix weekends with race-day analysis, team-radio highlights, and point-standings updates. He explains power-unit upgrades, aerodynamic developments, and driver rivalries in straightforward, SEO-friendly language for a global F1 audience.
