Report
Mark Walter reportedly shops Cadillac F1 team with asking price of at least $3 billion
TWG Global previously said it was not considering exiting its stake in the team.
TLDR
At least seven parties are reportedly interested in Cadillac's F1 team, which Walter controls through TWG Global. The potential sale follows his agreement to sell the Los Angeles Lakers and the sale of his 13% stake in Chelsea. Cadillac has yet to score a point in its first F1 season.
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