TWG Global announced Feb. 25 the launch of TWG Motorsports, a new division created to bring together a portfolio of leading motorsports organizations, including Andretti Global, which fields teams in the NTT INDYCAR SERIES and INDY NXT by Firestone.
Established in late 2024 by TWG Global co-chairs Mark Walter and Thomas Tull, TWG Motorsports is focused on setting a new standard for racing. This continues a history of commitment to sports as evidenced by a TWG Global sports portfolio that includes the Los Angeles Dodgers, Chelsea Football Club, Professional Women’s Hockey League and stakes in the Los Angeles Lakers and other ventures. TWG Motorsports will apply the same transformative growth mindset to racing.
Longtime Mark Walter partner Dan Towriss will lead TWG Motorsports as CEO.
“Dan has been instrumental in forming the landmark Cadillac Formula 1 team in partnership with General Motors and acquiring for TWG Global a broad racing portfolio that includes Andretti Global, Wayne Taylor Racing and Spire Motorsports,” Walter said.
Said Tull: “We’re excited to see these teams united under the TWG Motorsports umbrella and Dan’s leadership.”
Towriss also serves as CEO of Group 1001 Insurance, a U.S. financial services firm with more than $66 billion in assets under management.
“With a combination of operational excellence, technology and innovation, 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,’’ Towriss said.
The division launches with a suite of renowned motorsports businesses already on its roster, including Cadillac Formula 1, Andretti Global, Spire Motorsports (NASCAR Cup, NASCAR Truck), Wayne Taylor Racing (IMSA, Lamborghini Super Trofeo) and Walkinshaw Andretti United (Supercars).