TWG Global Launches New Motorsports Division with Five Major Racing Teams
TWG Global officially unveils TWG Motorsports, a new division created to unite multiple premier racing organizations under one umbrella. The initiative aims to drive competitive excellence and innovation across global motorsports.
Colton Herta testing IndyCar at Sebring
The portfolio includes five prominent teams:
- Cadillac Formula 1 Team (debuting 2026)
- Andretti Global (IndyCar, Indy NXT, Formula E)
- Spire Motorsports (NASCAR Cup and Truck Series)
- Wayne Taylor Racing (IMSA WeatherTech SportsCar Championship)
- Walkinshaw Andretti United (Repco Supercars Championship)
Dan Towriss, CEO of Group 1001 Insurance, will lead TWG Motorsports as CEO. The company was established in late 2024 by TWG Global co-chairs Mark Walter and Thomas Tull.
"TWG Motorsports has the opportunity to drive true transformation in racing, set new standards for the industry and build a legacy of success across the globe," said Towriss, whose company currently manages over $66 billion in assets.
This expansion adds to TWG Global's existing sports portfolio, which includes:
- Los Angeles Dodgers (MLB)
- Chelsea Football Club
- Professional Women's Hockey League (PWHL)
- Stakes in Los Angeles Lakers (NBA)
- Stakes in Los Angeles Sparks (WNBA)
Note: Former Andretti Global CEO Michael Andretti is no longer involved with the team under the new structure.
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