News Details
Michael Andretti steps aside at racing empire
Sep.30 Michael Andretti has ceded control of his motor racing empire, Andretti Global. Famed for its involvement and successes in mainly US-based series including Indycar, Andretti applied to be granted entry to Formula 1 early in 2022, simultaneously ramping up its operations and preparations. Early this year, despite FIA approval, Liberty Media-owned Formula 1 rejected the Cadillac-bolstered Andretti bid – ultimately resulting in a US government investigation into the arguably anti-competitive decision. In that context, it is fascinating that Andretti Global has now announced that co-owner Dan Towriss has taken over complete control of the company. 'Michael's goal has been to...
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6mo ago from OneStopStrategy.com
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