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Daniel Towriss, CEO of the Group 1001 insurance and financial services company based in Zionsville, Indiana, and primary investor of Andretti Global, has taken control of the business. Team co-foun…
Daniel Towriss, CEO of Group 1001 insurance and financial services company based in Zionsville, Indiana, has assumed control of Andretti Global, a significant change in leadership structure. Co-founder Michael Andretti, the 1991 CART IndyCar Series champion, will continue with the organization in an advisory and ambassadorial capacity. The reported division between Andretti and Towriss has generated speculation, although the exact reason for the leadership shift remains undisclosed. Andretti Global stated that Andretti will focus on a more strategic role moving forward, collaborating closely with Towriss to implement the new operational framework. Towriss, known for his past involvement in IndyCar and Formula 1 pursuits, has significantly expanded Andretti Global’s presence in motorsports through strategic investments, including the recent acquisition of Wayne Taylor Racing’s IMSA team. Under Towriss’s guidance, Andretti Global is poised to further elevate its presence in the racing world.
