FSG has already agreed to sell 38 percent of the club and they are eyeing a move into F1 with the cash.
John W Henry on the pitch at Anfield
John W Henry's Fenway Sports Group has been open to a sale of Liverpool FC for years (Image: Getty)
Fenway Sports Group, owner of Liverpool Football Club, is one of the parties interested in buying a controlling stake in a Formula One team. The newest outfit on the F1 grid, Cadillac, spent years trying to get onto the grid and was given the final green light by F1 and the FIA, motorsport's global governing body, in March 2025. The current season is the first in which they have competed but, already, its owner is quietly looking to sell.
While General Motors, parent company of the Cadillac car brand, has a vested interest in the team, it is majority owned by TWG Global, co-founded and run by billionaire American investor Mark Walter. And Walter is said to have put a £2.25billion price tag on the team, despite TWG denying that a sale will happen any time soon.
Walter has sold off several of his sporting investments already. He held a 13 percent stake in Premier League club Chelsea but sold that in the summer, while TWG also offloaded its controlling stake in storied NBA franchise the Los Angeles Lakers earlier this year.
The sales come as Walter is investigated by US authorities over allegations of fraud involving multiple insurance companies that he owns. TWG denies the claims and has said: "There has been no fraud."
Still, it looks as though the sales of Walter's sporting assets could continue. He is looking to offload the Los Angeles Sparks WNBA team, the sister outfit to the Lakers, and has reportedly held talks with multiple parties interested in buying into the Cadillac F1 team.
According to The Guardian, Liverpool owner FSG is one of those parties. As well as its ownership of the Anfield club, FSG also has majority control of other sporting institutions including the Boston Red Sox MLB franchise and NHL outfit the Pittsburgh Penguins.
And the group is said to be keen on adding an investment in F1 to that portfolio. The sport has enjoyed an enormous boom in recent years and its worldwide popularity has seen team valuations skyrocket. Some of the top teams are worth enormous amounts – an ownership change last year saw 2025 constructors' champions McLaren valued at around £3.5bn.
Mercedes, who secured this season's crown last Sunday in Sao Paulo, was valued at around £4.6bn last November when CrowdStrike CEO George Kurtz bought 15 percent of team principal Toto Wolff's equity, roughly five percent of the outfit overall, for £230million.
That was an F1 record and puts Mercedes' valuation a little below that of Liverpool FC, which is valued at £5.5bn by the 38 percent sale FSG agreed to in the summer. But the sport is still growing and valuations will continue to rise with the extra eyes, and so there are still some potential bargains to be had further down the grid.
Cadillac F1 car on track
The owner of F1's newest team, Cadillac, is already exploring a sale (Image: Getty)
Cadillac could well present a significant opportunity. The team has had no success of note in its first season on the grid, with zero points scored, but that was always likely given the level of competition. But there is potential there with high-level staff poached from established teams, a programme to build their own engines in the future and a state-of-the-art new US headquarters currently under construction in Fishers, Indiana.
Still, Walter is asking a lot for his stake. He values his shares in the team at £2.25bn and anyone buying it would not get total ownership, as General Motors also have equity. But FSG have the cash, especially after the agreement to sell over a third of Liverpool FC to a consortium including Amazon founder Jeff Bezos.
That deal has yet to be completed, though new vice-chairman Amit Bhatia is said to be confident that it will get done before 2026 is out. And there is said to be an option as part of the deal to upgrade it to a majority or even full takeover of the Reds by next August.
And former Liverpool chief executive Peter Moore, who was in that role under FSG's ownership, believes it is likely that his ex-employer will look to fully offload the club to Bhatia and his consortium. "You don't acquire that percentage for billions of dollars without having a path to full ownership," he said.