Particle.news

Download on the App Store

TWG Global Launches Motorsports Division with Ambitious Multi-Series Racing Portfolio

The $7 billion investment giant has unveiled TWG Motorsports, managing teams across NASCAR, F1, IndyCar, and more, signaling a transformative push into global motorsports.

  • TWG Global, a $7 billion investment firm, has officially launched TWG Motorsports to oversee its growing portfolio of racing teams across multiple series.
  • The portfolio includes the newly announced Cadillac Formula 1 team, set to debut in 2026, and majority ownership of Andretti Global, Spire Motorsports, Wayne Taylor Racing, and Walkinshaw Andretti United.
  • Dan Towriss, CEO of TWG Motorsports, emphasized the group's goal of transforming motorsports and building a global legacy of success through innovation and operational excellence.
  • The acquisition of NASCAR's Spire Motorsports by TWG Motorsports is expected to provide the team with enhanced resources, potentially reshaping its relationship with Hendrick Motorsports and its position within NASCAR.
  • TWG Motorsports aims to compete at the highest levels of racing, with immediate goals for Andretti Global to reclaim its status as a top-tier IndyCar team and achieve success in the Indianapolis 500 and series championship.
Hero image