CADILLAC FACES FEDERAL INVESTIGATION AMID SALE RUMORS

Original: Cadillac issue statement on F1 team sale amid federal investigation into owner

Cadillac issues a statement regarding its F1 team amid a federal investigation into owner TWG Global, with rumors of a potential team sale circulating.

Rumours have grown surrounding a sale of the Cadillac F1 team after a federal investigation was launched into TWG Global founder, Mark Walter.