Backed by TWG Motorsports and General Motors (GM), the team will join the FIA Formula One World Championship grid in March 2026. Today, the FIA and Formula 1 announced that the Cadillac Formula 1 ...

Russ O’Blenes, CEO of the TWG GM Performance Power Units LLC., said: “With this approval from FIA, we will continue to accelerate our efforts to bring an American-built F1 power unit to the grid." ...

The final version is now only Cadillac-branded, although it is still a partnership with the TWG Global parent group that owns Andretti Global. Michael Andretti, the namesake of the Andretti Global ...

FILE - Group 1001 President & Chief Executive Officer Dan Towriss, also CEO of TWG Motorsports, speaks during a news conference in Indianapolis, Monday, Sept. 27, 2021.(AP Photo/AJ Mast ...

As part of TWG’s $15 billion equity raise, Mubadala Capital to anchor and lead a $10 billion syndicated investment TWG Global will commit $2.5 billion to Mubadala Capital and acquire a minority ...

Also, as part of TWG’s $15 billion equity raise, Mubadala Capital will anchor and lead a $10 billion syndicated investment in TWG Global Proceeds from the TWG raise will be used to target ...

TWG Motorsports CEO Dan Towriss says Andretti Global's new parent company has no plans to drop the Andretti brand. While Andretti will not be a part of the day-to-day operations, Dan Towriss said ...

TWG Global, a holding company led by US billionaires Mark Walter and Thomas Tull, announced on Tuesday it will acquire a minority stake in Mubadala Capital, the Abu Dhabi investment company's ...

May 6 (Reuters) - Elon Musk's artificial intelligence company xAI has partnered with Palantir Technologies (PLTR.O), opens new tab and investment firm TWG Global, the companies said on Tuesday ...

Palantir Technologies Inc. is starting a joint venture with TWG Global to expand its AI commercial capabilities across financial institutions. Palantir’s artificial-intelligence technology will ...

LONG BEACH, Calif. (AP) — TWG Motorsports, the controlling owners of several teams in various forms of motorsports, will go coast-to-coast this weekend to showcase its positioning as a ...