Michael Andretti Exits Ownership Role at Andretti Global

As the IndyCar offseason begins, Andretti Global announced on Friday evening that Michael Andretti will step down from his ownership role to make room for new leadership. The 1991 CART IndyCar champion and son of IndyCar legend Mario Andretti has been the head of the company since 2002. Andretti will not fully separate from the company but will move into a more 'strategic role' away from the operational side.

"Michael’s goal has been to transition to a more strategic role with Andretti Global and focus less on the operational side of the race team,” Andretti Global said in their statement. "He and Dan Towriss have been working on a structure of what this could look like and have reached a direction that Michael is very happy with and believes will bring a positive future.

Michael remains engaged and will continue to serve as a strategic advisor and key ambassador. We will have more to share in the coming weeks after Michael and Dan have had an opportunity to speak to the team."

Businessman Dan Towriss, who had no involvement in motorsports prior to the 2017 Indianapolis 500, moves front and center as primary owner. Towriss money and influence have led to a state-of-the-art new campus in Fisher, Indiana, where both the Andretti Global team and Wayne Taylor Racing with Andretti will move in 2025.

Change may be welcomed after Andretti Global's botched attempt to enter F1, but losing an Andretti at Andretti feels drastic.

A filing for Andretti Acquisition Corp II on September 5th also uncovered Zac Brown, CEO of McLaren, as a member of the board of directors.

More changes are expected to come at the company throughout the current Indycar offseason and upcoming IMSA offseason. In IndyCar, their drivers finished second, seventh, and 14th in the 2023 IndyCar Championship, with Colton Herta making a surprise push to second after entering the season finale in Nashville in fourth.

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