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Michael Andretti, Andretti, 2023, Social Composite

Andretti BOMBSHELL emerges as huge claim made on team's future

Michael Andretti, Andretti, 2023, Social Composite — Photo: © IMAGO

Andretti BOMBSHELL emerges as huge claim made on team's future

Reports claim that Michael Andretti is set to relinquish his ownership stake in the team

Andretti Global could be set for a colossal change with huge claims having been made regarding the future of the team.

Andretti is a huge name in the world of motorsport, with the team currently competing in a host of racing series across the globe.

READ MORE: IndyCar team eyeing 'next level' as MAJOR change confirmed

At present, for example, Andretti competes in IndyCar, IndyNXT, IMSA, Formula E, Extreme E, and supercars, among others, according to their website.

The team are also trying to enter the world of Formula 1, too, having made a serious bid to enter the grid in recent years - an effort that remains ongoing.

READ MORE: Huge F1 legal verdict REVEALED as Steiner v Haas hits the courtroom

Colton Herta races for Andretti Global in IndyCar
Colton Herta races for Andretti Global in IndyCar

Andretti Global bombshell

Whilst that matter is ongoing, however, another huge update has emerged on the team's future that could affect all of their current plans.

According to Sportico, current CEO and chairman of Andretti Global, Michael Andretti, is set to relinquish his ownership stake in the company.

Their report claims that for some time now, Andretti has been eyeing a transition from his current operational role into a more strategic position.

No official confirmation of the news is yet to be revealed.

GPFans has contacted Andretti Global for comment.

READ MORE: Ricciardo discusses move to US racing series after 'last F1 race'

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IndyCar Colton Herta Andretti Global Formula E

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