TWG Motorsports is reportedly not actively shopping its other racing teams despite ongoing discussions surrounding a potential sale of the Cadillac Formula 1 entry, according to a report from the Indianapolis Star published Tuesday.
The report, authored by Zion Brown, indicates that while the future of the Cadillac F1 project remains under evaluation, TWG Motorsports intends to retain its existing racing operations across other series. No specific timeline or valuation for the potential Cadillac F1 sale was disclosed in the initial report.
Cadillac's planned entry into Formula 1, backed by General Motors and TWG Motorsports, has been a significant development in motorsport expansion efforts. The potential sale would represent a notable shift in the landscape of the sport's newest manufacturer involvement.
