From Autosport · Filip Cleeren · · 1m 10s
Liverpool FC owners eye Cadillac F1 shares amid TWG uncertainty
Liverpool FC owners may buy Cadillac F1 shares as TWG Global faces federal probe.
In brief
Liverpool FC owners may buy Cadillac F1 shares as TWG Global faces federal probe. Liverpool FC owner Fenway Sports Group is among potential buyers of Cadillac F1 shares after TWG Global's stake faces sale due to a U.S. federal probe. Originally reported by Autosport.
Cadillac F1 shares up for sale
Parts of TWG Global's stake in the Cadillac Formula 1 team are up for sale amid uncertainty.
TWG Global under federal probe
US billionaire Mark Walter's companies face a federal probe over $20 billion in loans allegedly mismanaged.
Fenway Sports Group interested
Liverpool FC owner Fenway Sports Group reportedly among parties seeking to buy Cadillac F1 shares.
TWG Global's sports assets
TWG Global owns LA Dodgers, LA Lakers, Chelsea, and LA Sparks with a $7.8 billion valuation.
Cadillac F1 team status
Cadillac F1 team joined F1 this year after paying $450m anti-dilution fee and has $1bn in resources.
F1 team valuation
Cadillac F1 team valued at $3 billion despite being uncompetitive with significant infrastructure and GM backing.
What to remember
Liverpool FC owner Fenway Sports Group is among potential buyers of Cadillac F1 shares after TWG Global's stake faces sale due to a U.S. federal probe.
