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via Motorsport.comCadillac F1 Owner Mark Walter Faces Class-Action LawsuitMark Walter, a key figure in Cadillac's Formula 1 operations, is facing a class-action lawsuit. The lawsuit is accompanied by an ongoing investigation into potential fraud involving his insurance companies.Fri 18 Sep · 10:29 UTCvia gpfans.comCadillac F1 owner completes huge team sale for massive profit as investigation continuesMark Walter, owner of the Cadillac F1 team, has finalized the sale of his 12.8% stake in Chelsea FC, netting him approximately £500 million. This sale, confirmed on September 17, 2026, follows his recent sale of the Los Angeles Lakers for $12.5 billion, which he purchased for $10 billion just a year prior. Walter's profit from the Chelsea sale is estimated to be around £180 million, reflecting a significant return on his initial investment.Thu 17 Sep · 20:45 UTCvia thejudge13.comQuestions Arise Over Dan Towriss Amid Andretti Financing DevelopmentsRecent financing arrangements involving Andretti have sparked concerns regarding Dan Towriss and the structure of TWG behind Cadillac's Formula 1 efforts. Increased scrutiny from the US Senate is contributing to uncertainties about Towriss' future in the organization.Sun 13 Sep · 08:18 UTCvia thejudge13.comThe $10 Billion Cadillac F1 Deal Raising New Questions About Mark WalterThe article discusses the scrutiny surrounding Cadillac Formula 1's financial backing, particularly involving TWG Global, Mubadala Capital, and Palantir Technologies. Barbara Bessolo, a technology entrepreneur, has filed a lawsuit alleging intellectual-property theft against several parties, including Michael Andretti, which adds complexity to the situation. The lawsuit's claims remain unproven, but they highlight potential issues within the organizational structure of Cadillac F1 and its connections to broader financial dealings. Additionally, the article notes that TWG Global has secured a significant $10 billion investment from Mubadala Capital, which has raised questions about the financial stability of Cadillac F1. Despite these concerns, TWG has publicly stated that its motorsport properties are not for sale, and Cadillac's leadership insists that the team's future is secure. The intertwining of Bessolo's lawsuit with the operations of TWG and Andretti Global suggests that the developments surrounding Cadillac F1 will continue to evolve.Mon 24 Aug · 16:00 UTCvia F1iCadillac F1 Team Denies Sale Rumors Amid Leadership ChangesCadillac's Formula 1 team has dismissed rumors of a potential sale following a leadership shake-up. The team recently appointed Marcin Budkowski as the new team principal, with drivers expressing the need for significant internal changes.Wed 19 Aug · 15:53 UTCvia gpfans.comF1 team owner continues sell-off after record-breaking $12.5bn dealMark Walter, the owner of the Cadillac F1 team and the LA Dodgers, recently sold the Los Angeles Lakers for a record $12.5 billion, realizing a significant profit shortly after acquiring the team. He and Todd Boehly are also attempting to sell their shares in Chelsea FC, which has raised questions about the future of Walter's other sports franchises amid ongoing federal investigations into his business practices. The rapid sales and investigations have led to speculation regarding the stability of Walter's ownership of the Cadillac F1 team and the LA Dodgers. With the FBI's involvement and concerns over improper loans, insiders are closely monitoring the situation, wondering if more sales could follow as a result of these developments.Tue 18 Aug · 16:30 UTCvia gpfans.comChristian Horner's Potential F1 Return Faces Upcoming DeadlineChristian Horner, the former Red Bull team principal, is exploring opportunities for a return to Formula 1. As he navigates his options, a key deadline in 2027 is approaching that could significantly impact his chances.Tue 18 Aug · 07:15 UTCvia Motorsport WeekTaylor Barnard Wins 2026 London E-Prix; Wehrlein Secures ChampionshipThe 2026 Formula E season concluded with Taylor Barnard winning the second race of the London E-Prix. Pascal Wehrlein secured the world championship title following his performance in the season finale.Sat 15 Aug · 14:57 UTCvia RacingNews365Jake Dennis Leads Title Race Ahead of Formula E Season FinaleJake Dennis is seeking his second Formula E championship as he heads into the season finale with a narrow two-point lead over Pascal Wehrlein. Dennis expressed a desire for dramatic events during the race to secure his title.Fri 14 Aug · 07:45 UTCvia RacingNews365Cadillac F1 Team Appoints Marcin Budkowski as New Team PrincipalCadillac has announced the appointment of Marcin Budkowski as its new Team Principal, replacing Graeme Lowdon. The leadership change comes as the team prepares for the second half of its inaugural Formula 1 season.Wed 12 Aug · 14:04 UTC