Cadillac F1 sale rumours denied as team enters Budkowski era
Reports said TWG rejected speculation that Cadillac’s Formula 1 project was being put up for sale amid an investigation involving its CEO. Separate coverage said changes were needed at the team as it begins a new phase under Marcin Budkowski.
Motorsport Week reported that TWG shut down rumours that Cadillac’s Formula 1 project was being sold. The report linked that speculation to an investigation involving the company’s CEO, but said the sale claims were denied.
Autosport separately framed Cadillac F1 as entering a new period under Marcin Budkowski. Its report said change was needed at the team and focused on what Cadillac requires from this new era.
Taken together, the reports indicate that while outside speculation has surrounded the project, Cadillac F1 is also undergoing an internal leadership shift that is being presented as an important next step for the team.
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