P1racenews AI automatic summary:
TWG Global has officially announced the launch of TWG Motorsports, a new division of the holding company created “to bring together a portfolio of leading motorsports organizations to drive c…
TWG Global announced the launch of TWG Motorsports, a new division focused on fostering excellence in motorsports worldwide. Established in late 2024 by co-chairs Mark Walter and Thomas Tull, TWG Motorsports debuted with five top teams, including the Cadillac Formula 1 Team set to debut in 2026. Notable in the division are Andretti Global, Spire Motorsports, Wayne Taylor Racing, and Walkinshaw Andretti United. Dan Towriss, CEO of Group 1001 Insurance, will lead TWG Motorsports, aiming to revolutionize the industry and achieve global success. This move aligns with TWG Global’s history of sports investments, including renowned teams like the Los Angeles Dodgers and Chelsea Football Club.
