Liverpool owner FSG holds talks over buying majority stake in Cadillac F1 team

Deal would be worth more than £2bn Cadillac are jointly owned by Mark Walter Liverpool’s owner, Fenway Sports Group, has held talks about buying a majority stake in the Cadillac Formula One team for more than £2bn as Mark Walter continues to sell off his sporting assets amid allegations of insurance fraud.

Cadillac entered F1 this year as a joint venture between General Motors and Walter’s TWG Global, which sold its…