Sep.30 (GMM) Michael Andretti has ceded management of his motor racing empire, Andretti International.
Famed for its involvement and successes in primarily US-based collection together with Indycar, Andretti utilized to be granted entry to Method 1 early in 2022, concurrently ramping up its operations and preparations.
Early this yr, regardless of FIA approval, Liberty Media-owned Method 1 rejected the Cadillac-bolstered Andretti bid – finally leading to a US authorities investigation into the arguably anti-competitive determination.
In that context, it’s fascinating that Andretti International has now introduced that co-owner Dan Towriss has taken over full management of the corporate.
“Michael’s purpose has been to transition to a extra strategic function with Andretti International and focus much less on the operational aspect of the race workforce,” the outfit confirmed in an announcement.
“Michael stays engaged and can proceed to function a strategic advisor and key ambassador.”
