Michael Andretti is stepping down from his role as owner of Andretti Global, but will remain a key a part of the organization as an envoy and advisor.
Andretti's decision to step back from the team he co-founded in 2002 will see Group 1001 CEO Dan Towriss take control of the corporate. There was a change of leader first reported by Sporticoand Andretti Global later released an announcement confirming the team's updates.
“Michael's goal was to maneuver to a more strategic role at Andretti Global and focus less on the operational side of the race team. Michael and Dan Towriss have worked closely to develop this latest structure, which Michael is worked up to take shape under Dan's leadership.
“Michael stays committed and can proceed to function a strategic advisor and key ambassador. We can have more to share in the approaching weeks once Michael and Dan have had the chance to talk with the team,” the statement read.
Towriss originally entered North America's premier open-wheel championship as a sponsor – together with Group 1001 and Gainbridge – for Zach Veach in 2018. Towriss remained a key a part of the Andretti team (then credited as Andretti Autosport) after his early split with Veach, even increasing your investment in your outfit.
Since then, the saga of Andretti and Towriss has continued, with each attempting to get into Formula 1 in 2021. After being unable to take over the present F1 team, the 2 formed Andretti Global to deal with entering the worldwide series as a constructor. This effort has been met with loads of drama because the organization continues to search for a possibility to turn out to be the eleventh team and produce General Motors onto the F1 grid.
Since Towriss' partnership with Andretti, the organization has expanded its presence within the motorsports landscape, including the IMSA SportsCar Championship and Extreme E, in addition to Formula E, IndyAutomotive and Indy NXT. Additionally, Gainbridge supports Spire in NASCAR, and Marco Andretti, Michael's son, drives for them within the Truck Series in select races.
The three-car IndyAutomotive enterprise receives significant support from Towriss' corporations, with Gainbridge represented within the No. 26 Honda driven by Colton Herta, and the No. 28 Honda piloted by Marcus Ericsson is backed by Delaware Life, one other 1001 Group property.
