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League: F1Sport: MotorsportsCountry: GlobalCategory: Rumors

TWG Global confirms it will not sell its motorsport properties

Racer • 1 min read • Latest: Aug 20, 2026, 2:48 PM

Last updated Aug 20, 2026

TWG Global confirms it will not sell its motorsport properties
Summary

TWG Global announced it is not considering selling any components of TWG Motorsport, which includes the Cadillac Formula 1 Team. The decision comes amid various industry speculations about potential sales. Previously, there had been discussions regarding the future of their motorsport divisions, but the current statement clarifies their commitment to maintaining ownership. No further details about any future plans were provided.

Source Links
Racer
Key Details
  • •TWG Global has no plans to sell its motorsport properties.
  • •The announcement includes the Cadillac Formula 1 Team.
  • •Speculations about potential sales have been addressed.
  • •TWG Global reaffirms its commitment to its motorsport divisions.
Latest Updates
  • 2:48 PMRacer — TWG Global says its motorsport properties are not for sale
What they're saying
"

TWG Global says it is not considering the sale of any elements of TWG Motorsport, including the Cadillac Formula 1 Team.

— Racerby Chris Medland
Related Teams & Leagues
F1Motorsports

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