Cadillac’s F1 team is facing a firestorm after whispers that its U.S. backer, TWG CEO Mark Walter, may be forced to sell due to a major federal investigation — but the team is firing back, denying any sale as the Dutch GP looms. Walter, who recently dumped his Lakers stake and is rumored to be cashing out of Chelsea and the Dodgers, is under scrutiny by the DOJ and SEC over alleged $16–20 billion in fraudulent fund transfers via shell companies from his insurance firms.
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