TWG World has formally introduced the launch of TWG Motorsports, a brand new division of the holding firm created “to deliver collectively a portfolio of main motorsports organizations to drive aggressive excellence, ingenuity, and industrial innovation throughout the globe, with the goal 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 distinguished motorsport groups in its portfolio, headlined by the brand new Cadillac System 1 Crew which is ready to make its debut in 2026.
TWG’s racing division additionally consists of Andretti World, which can proceed to discipline groups in IndyCar, Indy NXT, and System 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 companion of Mark Walter, will lead TWG Motorsports as CEO.
“With a mixture of operational excellence, expertise 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,’’ stated Towriss, who can also be the CEO of Group 1001 Insurance coverage – an American monetary companies firm which at present holds over $66 billion in belongings.
“Dan has been instrumental in forming the landmark Cadillac System 1 staff in partnership with Basic Motors and buying for TWG World a broad racing portfolio that features Andretti World, Wayne Taylor Racing, and Spire Motorsports,” stated Walter.
“We’re excited to see these groups united underneath 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 consists of MLB’s Los Angeles Dodgers, Chelsea Soccer Membership, the Skilled Girls’s Hockey League (PWHL), and stakes within the NBA’s Los Angeles Lakers and WNBA’s Los Angeles Sparks, amongst different properties.
