P1racenews AI automatic summary:
He willl still be involved in the company, but will be focusing on other priorities.
Michael Andretti is stepping back from his ownership duties at Andretti Global as part of a major management shake-up. He will remain an ambassador and advisor while Group 1001 CEO Dan Towriss assumes control. Despite efforts to obtain a spot on the F1 grid, Andretti’s bid was rejected for 2026. However, F1 has left the door open for a possible future bid, potentially for 2028 if GM can provide a works power unit. Andretti confirmed in a statement that Michael Andretti would be stepping back to a more strategic role, focusing less on the operational side of the race team. He will continue to serve as a strategic advisor and key ambassador under Dan Towriss’ guidance.
