Mark Walter reportedly looking to sell F1 team sake months after selling Lakers and Chelsea

Los Angeles Dodgers owner Mark Walter is reportedly exploring a sale of stakes in his Cadillac F1 team, according to Sportico—months after selling both the Los Angeles Lakers and Chelsea. Sportico reports Walter is seeking at least $3 billion for his F1 shares, with at least seven parties said to be interested. Walter’s company, TWG Global, did not respond to Sportico’s inquiries. The latest development follows Walter’s August Lakers sale to a new group led by Josh Kushner and Bob Iger for a record $12.5 billion, and his September sale of Chelsea. A prior federal investigation claim involved TWG and allegations tied to policyholder funds and the Dodgers.