Yes, the state-of-the-art race shop in Fishers is nearing completion. Here's why Andretti Global's parent company needed additional shop space.

TWG Global, the private investment firm co-chaired by billionaires Mark Walter and Thomas Tull, has formally launched TWG Motorsports, the new parent company of Andretti Global, the companies announced Tuesday.

The Cassidy Marie was docked first in line outside Turn 10 with an unobstructed view of IndyCar’s season-opening race in

Cadillac F1 is the current name of the prospective 11th Formula 1 team that intends to join the grid in 2026. This entry began life as Andretti Global, with team owner Michael Andretti submitting a petition of interest with the FIA back in 2023. After Andretti submitted its entry, General Motors agreed to sign on.

After years of strife from the project's founder, Michael Andretti, Cadillac F1 has gained formal approval to join the grid in 2026.

The group that owns Cadillac Formula 1 officially launched TWG Motorsports on Tuesday as the division responsible for its rapidly growing motorsports portfolio.

Insider: Cadillac F1 team loses essence without Michael Andretti ... broad racing portfolio that includes Andretti Global, Wayne Taylor Racing, and Spire Motorsports,” Walter said of Towriss.