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Fenway Sports Group discusses potential investment in Cadillac Formula 1 team

Yahoo Sports • 1 min read • Latest: Nov 4, 2026, 1:54 AM

Last updated Nov 4, 2026

Fenway Sports Group discusses potential investment in Cadillac Formula 1 team

Summary

Fenway Sports Group is in talks with TWG Global regarding a potential acquisition of a stake in the Cadillac Formula 1 team. The discussions, reported by The Wall Street Journal, come as Cadillac debuted in F1 in 2026. Fenway’s ownership of various sports properties, including a NASCAR team, highlights a strategic interest in expanding across motorsports. The extent of the ownership stake that Fenway might pursue and the likelihood of a deal remain unclear as negotiations are ongoing.

Source Links

Yahoo Sports

By the Numbers

•Fenway Sports Group explores a stake in Cadillac Formula 1 team.
•Cadillac is the newest team in Formula 1, debuting in 2026.
•TWG Global is currently evaluating interest from multiple buyers.
•Fenway already owns a NASCAR team, enhancing its motorsport portfolio.
•Discussions are ongoing and no final agreement has been reached.

Latest Updates

1:54 AMYahoo Sports — Fenway Sports Group Could Make SHOCKING Move Into Formula 1 as NASCAR Ownership Connection Emerges

What they're saying

"
Could one of the biggest ownership groups in American sports be preparing to make an even bigger investment in Formula 1? According to a report from The Wall Street Journal , Fenway Sports Group is among several potential buyers currently in discussions with TWG Global about purchasing part of its stake in the Cadillac Formula…
— Yahoo Sports

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