Michael Andretti Steps Down as Andretti Global CEO, Cites Need for Change
After decades at the helm, Michael Andretti transitions to an advisory role, prioritizing family and personal pursuits.
- Michael Andretti, a former IndyCar driver and long-time team owner, announced his decision to step down from his role as CEO of Andretti Global.
- Andretti will hand over leadership to Dan Towriss, CEO of Group 1001, while remaining as an advisor to the team.
- The decision follows Andretti Global's unsuccessful bid to join the Formula 1 series before 2028.
- Andretti emphasized the need to spend more time with his family, including his new granddaughter, and to explore other personal and business interests.
- Despite stepping back from daily operations, Andretti reassured fans of his continued support and involvement with the team.