P1racenews AI automatic summary:
Mario Andretti has revealed “news and changes” are to come from the Andretti-Cadillac Formula 1 bid after his son Michael stepped back from running the entry.
Michael Andretti served as CEO of Andretti Global until October, when he transitioned into an advisory role. Dan Towriss has taken over day-to-day operations at Andretti Global amid uncertainties regarding their F1 bid. While the FIA accepted Andretti’s bid, Formula One Management rejected it, prompting a US Department of Justice investigation. Despite setbacks, Andretti, with backing from General Motors’ Cadillac brand, is moving forward with plans for the 2026 F1 season, hiring personnel and developing a car at Silverstone. With Andretti’s continued involvement in F1, Mario Andretti has expressed his full support for his son’s decisions and efforts to navigate the situation. Andretti aims to capitalize on the growing interest in F1 in the US, driven by factors like Liberty Media’s ownership, Netflix’s Drive to Survive, and the addition of US-based Grands Prix. The recent surge in American viewership and enthusiasm for F1 is unprecedented, drawing Mario Andretti’s attention to the extraordinary interest in the sport.
