Cadillac F1 Boss Shuts Down TWG Exit Rumors Amidst Massive Factory Upgrade
· Yahoo Sports
When a new Formula 1 team undergoes a sudden, massive leadership shakeup just months into its debut season, the paddock rumor mill inevitably kicks into overdrive. Following the high-profile departure of founding team boss Graeme Lowdon and the sudden arrival of Marcin Budkowski, whispers began circulating that TWG Global—the massive financial powerhouse behind the American team—might already be looking to offload its F1 asset.
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However, Cadillac F1 has now drawn a firm line in the sand, utilizing its latest press briefing at the Dutch Grand Prix to categorically shut down any speculation regarding a potential sale.
The media session at Zandvoort opened not with technical questions about the car’s aerodynamics, but with a direct corporate mandate.
Cadillac PR representative Adrian Atkinson immediately addressed the swirling paddock gossip by reading an official statement directly from the team’s ownership group. “TWG is not considering a sale of the Cadillac team or any other part of TWG Motorsports,” Atkinson told the media.
Atkinson also clarified that Dan Towriss—the CEO of TWG Global, who successfully spearheaded the corporate takeover and rebranding of the Andretti Global F1 entry late last year—was absent from the Dutch Grand Prix simply because he was attending the IndyCar race in Washington, D.C., where TWG also maintains a massive presence.
Budkowski Backs the Long-Term Vision
If anyone was going to seek ironclad assurances about TWG Global’s long-term financial commitment, it would be the man newly hired to steer the ship.
When asked if he required guarantees that the team wasn’t being prepped for a sale before signing his contract, Marcin Budkowski laughed off the premise. He firmly told the media that “there was absolutely no, you know, no discussion about that,” and added that “there’s no doubt for me” regarding the ownership’s unwavering commitment to the grid.
To silence the skeptics, Budkowski pointed directly to the massive capital expenditures currently happening behind the scenes. Formula 1 teams do not invest hundreds of millions in real estate and infrastructure if they are actively looking to liquidate.
The Proof is in the Factory
Rather than a team scaling back, Budkowski painted a picture of an organization aggressively expanding its footprint. He highlighted the fact that Cadillac F1 is finally transitioning out of its provisional, cramped buildings and into a state-of-the-art campus.
“The factory is amazing. It’s a new facility that just came online actually Monday, the first day that I started,” Budkowski told the media. He noted that the new circular engineering office is “probably the best engineering office design I’ve seen,” marking a massive operational upgrade for the squad.
Beyond the brick-and-mortar investments, Budkowski pointed to the team’s aggressive hiring strategy as proof of life. Referencing his own recent appointment as Team Principal, he told the media that “there’s key personnel that hopefully we will be able to announce soon as well.”
For Budkowski and TWG Global, the ongoing expansion sends a crystal-clear message to the rest of the pit lane: Cadillac F1 is not a fleeting financial experiment. “I think it just shows the commitment and the investment behind the project,” he concluded.