Mark Walter may be stepping away from Formula 1. As first reported by Sportico, Walter is exploring a sale of his stake in the Cadillac F1 team — the grid's newest entry.

The move would continue a pattern. Walter has already sold off multiple sports properties, including his headline-grabbing exit from the Los Angeles Lakers, and the F1 stake now appears to be the next asset on the block.

Nothing is finalized — the reports frame this as Walter seeking new ownership rather than a completed deal. But for a team that only just arrived in Formula 1, an ownership shakeup this early would be a significant twist in Cadillac's debut era. Expect suitors to line up quickly if the stake formally hits the market; F1 team valuations have been climbing steeply across the paddock.