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Andretti Global is an American motorsports organization with teams competing in the IndyCar Series, Indy NXT, Formula E, and joint entries in IMSA and the Australian Supercars Championship. Starting in 2026, Andretti will also operate the Cadillac Formula One team in collaboration with General Motors .
Walter is heavily involved in the insurance industry. He owns 21% of TWG Global Holdings, [16] through which he owns 19% of Group 1001, a company that owns various insurance companies. [20] [16] He is the controlling shareholder of Delaware Life Holdings, LLC, and serves on the board of EquiTrust Life. [21] TWG Global also maintains a stake in ...
TWG Group is the investment company founded by Mark Walter, who as CEO of Guggenheim Partners is the controlling owner of the Los Angeles Dodgers and Premier League club Chelsea, and Dan Towriss, who became involved in motorsports initially as a sponsor for Andretti and took an ownership role in Andretti Global in 2022.
Michael Andretti has restructured Andretti Global to give co-owner Dan Towriss control of the organization while Andretti will stay on as a strategic advisor of the team he has led since 2002. Andretti in early 2023 confirmed he'd sold part of the company to Towriss, owner of Gainbridge and holding company Group 1001.
The Formula 1 expansion team first dreamt up by Michael Andretti – but now known as Cadillac F1 – has reached an agreement in principle with Formula One Management and Liberty Media to bring ...
In January, FOM denied Andretti Global’s bid, calling it an uncompetitive, value-barren effort that they argued was simply trying to elevate the Andretti racing team via the cache F1 holds ...
No, Dan Towriss did not steal Andretti Global out from under one of the most successful racers in American history. Towriss, owner of Gainbridge and holding company Group 1001, has slowly grown ...
Walkinshaw Group is an Australian company involved in the design, engineering, development, and marketing of performance vehicles, based in Melbourne, Australia. Walkinshaw Group was established in 1987 in Clayton, Victoria . [ 1 ]