TWG Motorsports
| Company type | Division |
|---|---|
| Industry | Motorsport |
| Founded | 2024 |
| Founder | Mark Walter, Thomas Tull |
| Headquarters | Chicago , United States |
Key people | Dan Towriss (CEO), Jill Gregory (COO), Doug Duchardt (CPO) |
| Products | Racing teams: Andretti Global, TWG Cadillac Formula 1 Team Ltd., Spire Motorsports, Walkinshaw Andretti United, Wayne Taylor Racing |
| Parent | TWG Global Holdings, LLC |
TWG Motorsports functions as the racing division within the American conglomerate TWG Global Holdings, LLC, overseeing its motorsport ventures. Founded in late 2024, the company is based in Chicago, Illinois, United States.
The organization manages five distinct racing teams spanning various motorsport categories: Andretti Global, TWG Cadillac Formula 1 Team Ltd., Spire Motorsports, Walkinshaw Andretti United, and Wayne Taylor Racing.
History
On February 26, 2025, TWG Motorsports was officially unveiled by TWG Global Holdings, having been established in late 2024 by co-chairpersons Mark Walter and Thomas Tull. The leadership team appointed Group 1001 Insurance CEO Dan Towriss to lead as CEO, while experienced motorsports professional Jill Gregory took on the role of COO. Doug Duchardt, bringing 20 years of expertise from organizations such as Hendrick Motorsports, Chip Ganassi Racing, and Spire Motorsports, was designated as chief performance officer (CPO).
The company's racing portfolio consists of five primary teams: Andretti Global, TWG Cadillac Formula 1 Team Ltd., Spire Motorsports, Walkinshaw Andretti United, and Wayne Taylor Racing.
Formula One
In collaboration with General Motors (GM) and its brand Cadillac, TWG Motorsports is launching the Cadillac Formula 1 Team, which will participate as a constructor in the 2026 Formula One World Championship. GM plans to provide engines at a subsequent phase. Initially operating under the name Andretti Cadillac through Andretti Global, the team encountered a refusal from the Formula One Group despite receiving approval from the FIA. Following the acquisition of Andretti Global by TWG Global co-chair and Guggenheim Partners CEO Mark Walter in November 2024, the team gained acceptance from the Formula One Group for entry in the 2026 season. Leadership appointments include Dan Towriss as CEO, with advisory contributions from Michael Andretti and board membership held by Mario Andretti.