Michael Andretti Hands Over Control of Andretti Global to Dan Towriss

Michael Andretti will transition to a strategic advisory role while Dan Towriss assumes operational control of Andretti Global.

Michael Andretti is stepping down from his role as CEO and chairman of Andretti Global, transitioning to a strategic advisory position.
Dan Towriss, owner of Gainbridge and Group 1001, has taken operational control of Andretti Global, which he partially acquired in 2022.
Andretti Global, rebranded from Andretti Autosport in 2023, has faced challenges in its bid to join Formula 1, including a recent rejection from the FOM.
Andretti Global has achieved significant success under Michael Andretti's leadership, winning four IndyCar Series championships and five Indianapolis 500 races.
The team announced that more details about the restructuring will be shared after Michael Andretti and Dan Towriss address the team.