TWG Global has stated it is not exploring the sale of any part of its motorsport division, TWG Motorsport, which includes the Cadillac Formula 1 Team. The announcement follows recent speculation about potential ownership changes in Formula 1.
The company emphasized that its motorsport properties remain central to its long-term strategy. TWG Motorsport operates both the Cadillac Formula 1 Team and other racing programs, reinforcing its commitment to the sport.
The statement comes as the motorsport landscape sees increased investor interest, but TWG Global’s leadership has made it clear that no elements are on the table for acquisition.
