TWG World has formally introduced the launch of TWG Motorsports, a brand new division of the holding firm created “to carry collectively a portfolio of main motorsports organizations to drive aggressive excellence, ingenuity, and business innovation throughout the globe, with the purpose of difficult on the very prime of the game,” based on a press release issued by the corporate.
TWG Motorsports was established in late 2024 by TWG World co-chairs Mark Walter and Thomas Tull. The division launched with 5 outstanding motorsport groups in its portfolio, headlined by the brand new Cadillac Components 1 Workforce which is ready to make its debut in 2026.
TWG’s racing division additionally contains Andretti World, which can proceed to discipline groups in IndyCar, Indy NXT, and Components E – although former CEO Michael Andretti is not concerned with the staff.
NASCAR Cup and Truck Collection staff Spire Motorsports, Wayne Taylor Racing from the IMSA WeatherTech SportsCar Championship, and Walkinshaw Andretti United from the Repco Supercars Championship in Australia full the present TWG Motorsports portfolio.
Dan Towriss, a longtime accomplice of Mark Walter, will lead TWG Motorsports as CEO.
“With a mix of operational excellence, know-how and innovation, TWG Motorsports has the chance to drive true transformation in racing, set new requirements for the business and construct a legacy of success throughout the globe,’’ mentioned Towriss, who can also be the CEO of Group 1001 Insurance coverage – an American monetary providers firm which presently holds over $66 billion in belongings.
“Dan has been instrumental in forming the landmark Cadillac Components 1 staff in partnership with Common Motors and buying for TWG World a broad racing portfolio that features Andretti World, Wayne Taylor Racing, and Spire Motorsports,” mentioned Walter.
“We’re excited to see these groups united below the TWG Motorsports umbrella and Dan’s management,’’ Tull added.
TWG Motorsports’ institution continues a historical past of funding throughout different main sports activities. TWG World’s sports activities portfolio additionally contains MLB’s Los Angeles Dodgers, Chelsea Soccer Membership, the Skilled Ladies’s Hockey League (PWHL), and stakes within the NBA’s Los Angeles Lakers and WNBA’s Los Angeles Sparks, amongst different properties.
