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Mark Walter Weighs Selling Part of Cadillac F1 Team Stake

Original: Mark Walter exploring selling portion of Cadillac Formula 1 Team stake - The Athletic

Billionaire Mark Walter, owner of the LA Dodgers and a key backer of the Cadillac Formula 1 team, is exploring the sale of a portion of his stake in the outfit, according to The Athletic. The team, run by General Motors' Cadillac brand, joins the F1 grid, and interest from investors could signal rising valuations in the sport.

Why now: Fresh reporting that a high-profile owner may offload part of a new Formula 1 team is drawing attention from motorsport and business circles.

Mark WalterCadillacFormula 1General MotorsThe Athletic

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• Mark Walter exploring selling portion of Cadillac Formula 1 Team stake - The Athletic · The New York Times

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