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Liverpool owner FSG holds talks over buying majority stake in Cadillac F1 team

Deal would be worth more than £2bn Cadillac are jointly owned by Mark Walter Liverpool’s owner, Fenway Sports Group, has held talks about buying a majority stake in the Cadillac Formula One team for more than £2bn as Mark Walter continues to sell off his sporting assets amid allegations of insurance fraud. Cadillac entered F1 this year as a joint venture between General Motors and Walter’s TWG…

Liverpool owner FSG holds talks over buying majority stake in Cadillac F1 team

We haven't written up this one. Guardian Business has the full story — the link below goes straight to it.

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