Dan Towriss
Cadillac Salary
CEO of TWG Motorsports and Cadillac F1 Team Holdings
Dan Towriss Net Worth and His Earnings From Cadillac
Nobody has established what Dan Towriss earns from Cadillac. He’s an owner-side executive at TWG Motorsports and Cadillac F1 Team Holdings, and any pay for that work can’t be separated from his income across the wider group. So there’s no F1 base salary, bonus or annual total to show.
His net worth is unresolved as well. Group 1001, the insurance group he leads, has large assets under management, but that money belongs to the business and its clients rather than to him. His personal ownership stakes haven’t been published, and no credible estimate of his wealth exists.
Delaware Life's profile of Towriss as a Group 1001 leader, which gives no salary, bonus or shareholding details.
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Insider · Issue 23
01 · The Last Race
Singapore by Salary
Pos
Driver
Pts
Salary
1
Max Verstappen
Red Bull
25
$70m
2
Charles Leclerc
Ferrari
18
$34m
3
Kimi Antonelli
Mercedes
15
$3.4m
4
Lando Norris
McLaren
12
$30m
5
Oscar Piastri
McLaren
10
$13m
6
Insider+
7
Insider+
Our Take · Insider+
What Each Point Now Costs Red Bull
Towriss's Place at the Top of Cadillac F1
Towriss is chief executive of TWG Motorsports, the racing arm of TWG Global, and of Cadillac F1 Team Holdings. That’s an ownership-side job, and his remit is capital, partnerships and organizational strategy, while the team principal runs the racing team. Graeme Lowdon held that post until Marcin Budkowski replaced him on August 12, 2026.
TWG Motorsports has brands in F1, IndyCar, NASCAR, Formula E and IMSA. Towriss is an actuary by training who built his career in insurance, so he brings financial and investment experience to that portfolio rather than an engineering or racing background.
February 2025 launch release naming Towriss chief executive of TWG Motorsports and setting out its racing brands.
Ball State's September 2025 profile covering Towriss's actuarial science degree and his route through insurance.
Sky Sports explainer on Cadillac's 2026 launch that sets out Towriss's place at the top of the team.
How Towriss Compares With Other F1 Owners and CEOs
Towriss belongs with the owner-side executives among F1 CEOs. Lawrence Stroll, Aston Martin’s executive chairman, is also shown without an F1 salary, since his income is tied to ownership. McLaren’s Zak Brown is the exception among the business bosses, with a reported £37.25m ($49.4m) for 2024.
Dan Towriss's Route Through Insurance Into Racing
Towriss trained as an actuary and spent most of his career building insurance businesses before motorsport became a second line of work through sponsorship and ownership.
Towriss Above Cadillac's Racing Staff
Towriss works on the ownership side of Cadillac, above the people who run the car and the factory. Nick Chester leads the technical department and Rob White runs operations, while the team principal’s job passed from Graeme Lowdon to Marcin Budkowski on August 12, 2026. Chester’s £500k-2m ($663k-2.7m) is the top band among them.
Dan Towriss and TWG Motorsports FAQs
Dan Towriss’s net worth hasn’t been established by any credible source, so there’s no reliable figure. His wealth comes from a long career in insurance and his leadership of Group 1001, but his personal ownership stakes aren’t public, and the group’s assets under management aren’t his money.
Insurance is where Dan Towriss made his money. He trained as an actuary, worked at Lincoln National Life and then on Guggenheim’s insurance platform from 2009, and went on to lead Group 1001 after that platform was bought out. His motorsport roles came later, through Gainbridge sponsorship and TWG Motorsports.
Dan Towriss has an actuarial science degree from Ball State University, completed in 1994, and his whole career before motorsport was in insurance. He’s now chief executive of TWG Motorsports and Cadillac F1 Team Holdings, which puts him on the ownership side of the team rather than in racing operations.
TWG Motorsports’ chief executive is Dan Towriss, who was named to the post when the group launched publicly in February 2025. TWG Motorsports holds TWG Global’s racing brands across F1, IndyCar, NASCAR, Formula E and IMSA, and Towriss is also CEO of Cadillac F1 Team Holdings.
Yes, Andretti Global is part of TWG Motorsports, the group Dan Towriss leads as CEO, and its brands featured in the February 2025 launch. That doesn’t make Towriss the personal owner of Andretti or of every TWG investment, and the size of individual shareholdings hasn’t been published.
As CEO of Cadillac F1 Team Holdings, Dan Towriss works on the ownership side, with a remit covering capital, partnerships and strategy. The team principal runs the racing team. Graeme Lowdon held that job from December 2024 until Marcin Budkowski replaced him on August 12, 2026.
Dan Towriss’s F1 pay hasn’t been established, and nothing public shows a separate Cadillac salary, bonus or contract. Any pay he takes as CEO of the holding company can’t be split out from his income across TWG and Group 1001, so his F1 salary is listed as Not Disclosed.