The F1 universe is being shaken to its core as TWG Motorsport makes its debut, with a number of race teams falling under its banner. TWG Motorsport was established in 2024 through the merging of Andretti Global, Spire Motorsports, and Wayne Taylor Racing, leading Cadillac's Formula 1 arrival in 2026.
The teams within TWG Motorsport
TWG Motorsport manages a broad spectrum of racing series, which include:
- Cadillac: Formula 1 (2026 entry subject to final ratification)
- Andretti Global: Racing in IndyCar, Indy NXT, Formula E, and Walkinshaw Andretti United Australian Supercars
- Spire Motorsports: NASCAR
- Wayne Taylor Racing: IMSA SportsCar Championship
The restructuring came following Michael Andretti moving away from the day-to-day activities at Andretti Global in 2024. This transition permitted effortless incorporation into TWG Motorsport, under businessman Dan Towriss' helm.
Cadillac's F1 undertaking and TWG's new venture
While Andretti disappeared on the horizon, Cadillac's F1 endeavour picked up steam. The company's F1 project is now in the hands of a new corporate division, GM Performance Power Units LLC, headed by CEO Russ O'Blenes. The team's final approval to enter in 2026 has yet to materialize but optimism still exists for a successful bid.
While most of Andretti Global's teams retain their current names, Wayne Taylor Racing opted to drop the Andretti name but remain under TWG. Taylor was happy with the change, citing the consistency of his team's name under the new team.
Who owns TWG Motorsport?
TWG Motorsport is owned by TWG Global, an umbrella investment company that owns stakes in marquee sports brands including the Los Angeles Dodgers, Chelsea Football Club, the Los Angeles Lakers, and the Professional Women's Hockey League. Some of the most influential individuals who back TWG Motorsport include:
- Dan Towriss: CEO of Group 1001 Insurance (managing assets of $66 billion) and TWG Motorsport
- Mark Walter: TWG Motorsport Co-chair and Guggenheim Partners CEO (assets under management: $325 billion)
- Thomas Tull: TWG Motorsport Co-chair, billionaire investor (Forbes net worth: $3.7 billion)Notable hires by TWG Motorsport
To create power in its leadership, TWG Motorsport has hired capable industry veterans:
- Doug Duchardt: Chief Performance Officer (former at NASCAR and General Motors)
- Jill Gregory: Chief Operating Officer (former Vice President with NASCAR)
Also Read:
Colton Herta Leads Cadillac's F1 Driver List: Mario Andretti AssuresA look to the future
With its well-oiled team and high-profile sponsors, TWG Motorsport will be making waves across a broad sweep of racing series. With the Cadillac F1 entry imminent and the wider motorsport portfolio broadening, TWG Motorsport has its eyes on becoming a force to be reckoned with on the world stage.
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