Chelsea valuation doubles under BlueCo to £5bn as Boehly and Walter eye exit Sport Business Todd Boehly and Mark Walter’s exit from Chelsea is set to see the business valued at around £5bn in another marked escalation of elite football club valuations. The valuation is double the £2.5bn price that saw the Boehly and Clearlake consortium beat off competition to buy the London club from Roman Abramovich in 2022. That [...]
Drive to Survive renewed by Netflix as Formula 1 docuseries gets ninth season Sport Business Netflix has confirmed that Drive to Survive, the hit Formula 1 docuseries that spawned countless imitations across sport, will return for a ninth season next year. Filming behind the scenes of the current season has already begun, with post-production set to begin at the end of the year ahead of an expected February 2027 release. [...]
Cadillac to leverage US identity to grow F1 sponsorship portfolio Sport Business Formula 1 newcomers Cadillac are harnessing their status as the only “truly” American team to power their sponsorship strategy ahead of the season opener this weekend. Cadillac will be the 11th team on the grid after General Motors and Chelsea co-owner Mark Walter’s TWG paid a reported $450m anti-prize money dilution fee to expand the [...]
Cadillac add off-track hires ahead of Formula 1 debut November 18, 2025 Formula 1’s freshest team Cadillac have strengthened ahead of their first season on the grid, making two senior hires. Lauren Teixeira will join the US team as chief commercial officer while Willem Dinger will become chief partnerships officer. Teixeira joins having previously worked for the Formula 1 development Academy series, while she had had stints [...]