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By Lydia Mee
Sports Contributing Writer
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TWG Global has today announced the launch of TWG Motorsports. The newly formed division aims to work with leading motorsport teams within NASCAR, Formula 1, IndyCar, and IMSA.
Co-chairs Mark Walter and Thomas Tull spearheaded the founding of TWG Motorsports in late 2024. Dan Towriss, who has previously collaborated with Walter, was appointed as CEO. His achievements in motorsports include working with General Motors to establish the Cadillac Formula 1 team.
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In the realm of INDYCAR and Formula E, Andretti Global competes at the highest levels. After a restructuring in 2024, Michael Andretti stepped back from daily operations. Doug Duchardt stepped in as the chief performance officer, while Jill Gregory took on the role of president of Andretti Global. Dan Towriss has been involved with Andretti Global since 2022, initially as a sponsor, later becoming the majority owner of the team.
1978 F1 champion and motorsport legend Mario Andretti continues to be on the board of directors.
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In NASCAR, Spire Motorsports is part of TWG Motorsports' varied lineup. Jeffrey Dickerson remains the majority owner and manager of the team.
Wayne Taylor Racing, also in the TWG family, competes in the IMSA WeatherTech SportsCar Championship, managing a two-car GTP program. Despite their partnership with Andretti Global ending in 2024, Wayne Taylor Racing continues to operate under the TWG Motorsports umbrella from their base in Brownsburg, Indiana.
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Another addition to the TWG portfolio is Walkinshaw Andretti United, an Australian Supercars Championship team known for their victory at the Bathurst 1000.
In discussing the launch of TWG Motorsports, Mark Walter commented in a press release sent to Newsweek:
"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."
Tull also explained:
"We're excited to see these teams united under the TWG Motorsports umbrella and Dan's leadership."
Towriss added:
"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."
TWG Global and General Motors intend to make the Cadillac Formula 1 team's entry in 2026, expanding Formula 1 to 11 constructors.
For the latest NASCAR news, head over to Newsweek Sports.
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