Report: Michael Andretti relinquishing stake in Andretti Global
(Photo credit: Kristin Enzor/For IndyStar / USA TODAY NETWORK)
Michael Andretti reportedly is relinquishing his ownership stake in Andretti Global, the motorsports company he has directed since 2002.
Citing "three people with knowledge of the move," Sportico reported Friday that the 61-year-old Andretti wants to transition from an operational role into a more strategic position.
Andretti currently is the chairman and CE