Los Angeles Dodgers owner Mark Walter is once again looking to move on from one of his sports enterprises from TWG Global.

According to Kurt Badenhausen of Sportico, Walter has put his Cadillac F1 team up for sale for with an asking price of at least $3 billion.

Sportico added that there are at least seven parties interested in acquiring the team as Formula 1 is nearing the end of its season.

Walter’s F1 team is under TWG’s motorsports division, which also has teams in IndyCar racing and NASCAR.

The franchise originated last March, when it became the first Formula 1 expansion team in a decade.

The news of his Cadillac F1 Team going up for sale comes after they released a statement on August, 26. that read, “TWG is not considering exiting its stake in the Cadillac Formula 1 team or any other part of TWG Motorsports and has also stated this position on-the-record.”

His Cadillac F1 team going up for sale comes after he agreed to sell the Los Angeles Lakers for a record-breaking $12.5 billion in August to Joshua Kushner and Bob Iger.

On Friday, Walter and Kushner finalized the agreement of the Lakers sale from his home in Florida.

Last week, the current Dodgers owner joined the California Post’s Jack Harris for an exclusive interview during which Walter revealed he was not actively shopping the Lakers until he received an offer he couldn’t refuse.

Not long afterward, he also sold off his shares in Chelsea FC, the European soccer club. It did not stop there tough, as news surfaced recently that he is also looking to sell off his shares of the Los Angeles Sparks for a WNBA-record $700 million.

All of this has happened as Walter remains the subject of a federal investigation pertaining to business practices.

Despite all of the noise, he has remain steadfast that there is no intention to sell the Dodgers whatsoever.

“We’re going to keep the team no matter what,” Walter told Harris exclusively. “We’re going to be winning for 10 years or more. I think our commitment to do so will be just like it has been in the past. And, you know, we don’t win every year, but we’re going to try to.”

Walter went on to say he is looking “forward to winning another World Series next year under my ownership.”

The F1 season has been a disappointment for Cadillac as they have yet to earn a single point this year.

Last week, Sergio Perez, who is one of two drivers on the team, received a multi-year contract extension to keep him with Cadillac through the 2029 season.