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Cadillac denies sale rumours, drivers back shake-up
Aug.21 Cadillac has moved quickly to deny suggestions its Formula 1 project could be sold, while Sergio Perez and Valtteri Bottas both indicated at Zandvoort that significant internal change was needed. Speculation followed mounting scrutiny around TWG Global founder Mark Walter, whose wider business empire is under investigation by US federal prosecutors. A spokesman opened Thursday's media session at Zandvoort by reading a prepared TWG statement denying that Cadillac or any other part of TWG Motorsport is for sale. 'TWG is not considering selling the Cadillac team or any other part of TWG Motorsport,' he said. Brand new team principal Marcin Budkowski was equally emphatic. 'I have no...
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