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Cadillac F1 dismisses sale rumors during Dutch Grand Prix briefing

Yahoo Sports • 1 min read • Latest: Aug 20, 2026, 2:45 PM

Last updated Aug 20, 2026

Cadillac F1 dismisses sale rumors during Dutch Grand Prix briefing

Summary

Cadillac F1 officials addressed rumors of a potential sale during a press briefing at the Dutch Grand Prix on August 20. Following the recent departure of founding team boss Graeme Lowdon and the arrival of Marcin Budkowski, speculation surrounded TWG Global's commitment to the team. Cadillac PR representative Adrian Atkinson stated TWG is not considering a sale, emphasizing significant investments in infrastructure. Budkowski echoed this sentiment, describing the team's recent upgrades and hiring initiatives as signs of long-term commitment. He affirmed, 'there's no doubt' about TWG's plans for Cadillac F1.

Source Links

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By the Numbers

•Cadillac F1 held a press briefing at the Dutch Grand Prix.
•Rumors of a sale arose after Graeme Lowdon's departure.
•TWG Global confirmed it is not considering selling the team.
•Marcin Budkowski highlighted significant infrastructure upgrades.
•Cadillac F1 is expanding its workforce with key hires.

Latest Updates

2:45 PMYahoo Sports — Cadillac F1 Boss Shuts Down TWG Exit Rumors Amidst Massive Factory Upgrade

What they're saying

"
When a new Formula 1 team undergoes a sudden, massive leadership shakeup just months into its debut season, the paddock rumor mill inevitably kicks into overdrive. Following the high-profile departure of founding team boss Graeme Lowdon and the sudden arrival…
— Yahoo Sports

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