Michael Andretti is stepping down as head of Andretti Global

Michael Andretti, son of Formula 1 champion Mario Andretti, has stepped down as head of Andretti Global, handing over leadership to his business partner Dan Tauris.

Talks of impending changes began after Liberty Media rejected Andretti Global’s bid to join the championship in late January. A partnership with General Motors’ Cadillac brand could help, especially if GM confirms the creation of its own powertrain for the 2028 season, but first the lack of information on this, and now the departure of Michael Andretti, cast doubt on the prospects of the project. .

Michael Andretti: “I am a born racer and after finishing my career I focused on creating opportunities that would inspire future racers to go faster than me. Many of my best memories are with this company. I’m proud of what we’ve built, but decades of work haven’t come without sacrifice. After much thought and consideration, I have come to the decision to step back and pass the torch to my partner and friend Dan Tauris.

As I make this decision for myself, my family and the team, I know it will surprise many, especially the fans who are members of my extended family. Many of you have watched me grow and grow with me, supporting our team every step of the way. Andretti fans are the best in the world.

I’m not going to leave the sport, I’m ready to become an advisor and help in any way I can.”

Source: F1 News

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