TWG Global says Cadillac F1 Team and motorsport assets are not for sale

A public denial of sale talks is rarely issued without a reason — something prompted TWG to put this statement out, even if the article doesn't say what. For a team that hasn't yet turned a wheel in F1 competition, the optics of ownership uncertainty are the last thing needed while trying to build credibility with the grid, sponsors, and the FIA. The statement covers all of TWG Motorsport, not just the Cadillac entry, which suggests the question of asset sales has been broad enough to require a blanket response. Fans and paddock observers should read this as a signal that speculation has been circulating at a level TWG felt compelled to address formally.