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Fenway Sports Group Could Make SHOCKING Move Into Formula 1 as NASCAR Ownership Connection Emerges

Reported by Yahoo Sports

Image: Yahoo Sports

Could one of the biggest ownership groups in American sports be preparing to make an even bigger investment in Formula 1? According to a report from The Wall Street Journal , Fenway Sports Group is among several potential buyers currently in discussions with TWG Global about purchasing part of its stake in the Cadillac Formula 1 team. The report was shared by Adam Stern, bringing attention to a potentially significant development that could have major implications for both the future of Cadillac and the growing business side of Formula 1. And for NASCAR fans, there is an especially interesting connection.

This is an excerpt. The reporting belongs to Yahoo Sports.

Read the full report on sports.yahoo.com
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