David: "now that the indycar season is over, what am i going to make videos about for the next half year?" Indycar and the teams: "ive got you covered buddy"
100 days to Indy is everything wrong with indycar marketing it's terrible.... I say this as a diehard fan who would love for the series to enrapture how awesome it is on a yearly basis
FBI or he is just out of money? His shop has not been completed, and his IndyCar team has been struggling and his F1 bid failed..... It could be several things.. but I would say its a money issue or FBI (or both).
Perhaps Michael bit off more than he could chew. The $250 mil facility in Fishers isn’t complete yet and the F1 bid failed and he could be bleeding cash.
Of course he did, dude couldn’t even manage his IndyCar championship in the last 10 years, was solidly 3rd best Indy team, never within touch of the top 2. Anything else he’s been apart of he’s just slapped his name onto or as a partnership. He was delusional to think he could get let along run a F1 team and the F1 teams saw that he couldn’t. Now we have this, not surprising to me.
I’m not sure I have confidence in Michael either given the way this SPAC has went and a lot of the over expansion on the IndyCar team with too many cars. Not saying Roger is doing any better than Michael would. Just saying that I have little faith in Michael as well.
Number two is the correct answer. Whether formally or via coup, I think Michael is making a run for Indycar ownership. The funny thing is Michael wants the thing that Roger would likely want to get rid of first, and thats the Indycar series and season. The Indy 500 doesn't need fixing. Everything else does.
@@redjohndeble9862 a MANDATORY moustache. Object to that rule and he will ensure that your car won’t be able to fit your body (if you know, you know 😉).
I don't think it's any accident that Penske Media broke the story either... Perhaps disclosing the deal a bit prematurely and costing Andretti some real cheddar...
Hmm, it's odd with the Wayne Taylor branding on the Cadillac, when MP notes in his article: "Andretti/Towriss also purchased Wayne Taylor Racing’s two-car IMSA WeatherTech SportsCar Championship team in 2023"
Andretti Acquisition ll with Zak Brown will acquire Indycar from Penske. Zak has been very critical of what can make indycar better. Michael publicly says Penske should sell.
Wow! I think he is doing this to avoid any future conflicts of interest. This might give him the ability to help the team and maybe help indycar in ways that he was unable to in the past.
It's easy to spend other peoples money but sooner or later those people will get tired of it and demand a return. I never thought that Michael was THAT guy who could pull off what he was trying to do in F1. The fact of the matter is, he hasn't been able to win consistently in a spec series so what makes him so sure that he could actually assemble the talent needed to successfully design a F1 car from the ground up? On top of that, I always thought that he was using the Cadillac name to get to where he wanted to be in F1 but what company in their right mind would spend millions of dollars designing a F1 PU with no guarantees that it would even see the track particularly after that company made the statement that it was with Andretti or no one.
I would sold my share too, this is what you get when you introduce Charters! Similar decisions destroyed NFL, NHL, Nascar, and now Indycar! Why not let the people just race, like in 90s, 80s, and before. The rules like this just destroy the fun!
@@hunter_t18 With all the safety rules, you cannot even take a look at someone, let alone crash into them. Numbers do not tell the whole story, it might be just that more people are watching the sport because it is more accessible than it used to be, and they are probably tuning in because it is more popular
@@tibor02v1b you personally may not like every change the nfl has made but to say it’s “destroyed” is absurd. It’s one of the most successful businesses let alone sports leagues based on any metric you wanna look at in all of the world.
@@ryanfraley7113 I agree, you cannot just go berserk, there have to be some boundaries. But when introducing thing like this, even more with Charters, I think they should be carefully considered.
If Honda does leave Indycar, they will go directly to NASCAR as the 4th manufacturer & likely will have JGR & 23XI switch from bitter rivals Toyota to Honda.
My understanding from reading the Indy Star article. Michael is selling his ownership stake in Andretti Global. He will still be a key ambassador for Andretti, and he'll be on top of the pit box every weekend. Nothing is changing besides Michael's ownership stake.
@@tadroid3858 true, although now im realizing, remember how f1 said that one of the reasons it wouldn’t allow Andretti is that it wouldn’t add to the brand? Now if anything the certainty won’t if they drop the name. So if they allow them now it’s even a worse look.
I wonder if the charters played a role in this; I wonder if Michael didn't want to sign? Maybe Towriss and the Guggenheims were concerned that Michael was "ruining" their investment. IDK what's going on here but it sure seems sus.
When I first saw this news, my first thought was, what, if anything, does this mean to Marco's participation in next year's 500? I also wonder if there is any connection to this news following the official beginning of the charter system.
I kinda don’t get the uproar over this. Probably why I was confused by the outrage when FOM blocked them. I don’t think ppl have any clue whatsoever who Dan towriss is. But indycar fans should. He’s had majority control of Andretti global for over a year. And runs group 1001. Not a MASSIVE player in insurance but 65billion AUM nothing to sneeze at. Importantly, Gainbridge is one of their entities. This should have been seen coming. You don’t get a 9 figure infusion to break ground and then not have some type of fall out. Given the expansion of gainbridge In terms of visibility, they were always going to be aggressive about this. Shocked it took this long for it to be spelled out. I wonder if there was a delay with the assumption the Andretti name leading the F1 push was needed. Which makes given the amount of focus the “Andretti” name was to the bid in the media atleast. Now it should make sense to folks why they didn’t engage in the necessary follow up inquiries, or atleast strongly advised, to clear up any discrepancies and remaining follows the FIA had. A gainbridge owned heavy player in Indy is just one critical factor that might make FOM weary. But money talks and bullsht runs the marathon. Ironically I think their chances now that it may be official we’ll see over the coming days as that team will now be a lot more liquid. F1 doesn’t care where your money comes from, for better or worse. So long as it’s in your account and can verify spent.
My theory is that this is the only way his backers get a Formula 1 team and it will stay named Andretti like Williams. I think Michael and Mario were too hostile to F1.
I believe they're going to NASCAR not in 2025 2026 or 7 when they change the engine configuration to have a hybridization and as I told you I have seen the prelude NASCAR renderings
Thoughts: 1. Michael is retiring and transferring ownership to to Marco or some other heir. 2. Michael is in dire financial straights and is desperate for cash. Probably related to the Zapata deal. 3. Andretti Global is in dire financial straights and Michael is being forced out in some sort of restructuring. Could be related to Zapata or the failed F1 bid. 4. It wasn't Michael, but another owner, who got the FBI involved in the dispute with Rahal, leading to a dispute and Michael's departure. 5. That Zapata deal smells fishy. Are the FBI, SEC, and/or other authorities, looking into it? 6. The timing doesn't _necessarily_ mean much. Something could've happened months ago and been kept quiet until the end of the season.
There's more info avail out there - its a buyout by Andretti Acquisition II. Micheal, Mario and Zac brown amongst others are on the board. He's going nowhere.
Waaay too much drama and meritless ambition with Andretti. Ambitions at Andretti are out there way ahead of the skis. Rossi, a top 3 series driver at the time, got screwed and got out of there when they overextended the number of cars and hired people like Devlin D and Grojean to drive for them, watering down Rossi's critical support team. Now, there is this new multi million dollar facility...how the hell will that be paid for? And now Zapata, WTF? Sounds like Michael may have a serious personal financial problems, to say the least. Oh, those irritating Depositions.... Andretti Global is constant chaos in the panicked quest to get up there with Ganassi and Penske at the same time they want into F1. Yeah, that's the ticket. Without Colton Herta, where would this team be today? Way too far over the skis, seriously overextended. An federal investigation involving a former Andretti employee does not suprise in the least. Sounds like some people who left the team were pissed off. It starts with a core personality flaw with Michael, same as decades ago when he thought he would go to F1 and dominate. Michael, a great CART racer, has never been a team owning genius, and now it seems F1 wants nothing to do with him. Again, NOT a surpise.
Andretti Global could have had better luck appealing to the Directorate General for Competition of the European Commission or the European Court of Justice against Formula One Group on the basis of a breach of European competition law: _“Refusing to supply a competitor with a good or service,[63] often in a bid to drive them out of the market.”_ F1 can be considered a service to promote sponsoring brands and car manufacturers (such as Cadillac/GM). The teams already in F1 refusing other teams to get in may be deemed as a cartel refusing a competitor the service of having access to the hype around a team being in F1.
This whole ordeal makes the scenario of Walkinshaw Andretti United (the Supercars team) being fully absorbed into Toyota Gazoo Racing much more probable. Michael leaves all of his motorsport operations outside of Indycar, so he'll leave Supercars. Zak Brown has a conflict of interest with Toyota, so he'll probably leave anyway. So Ryan Walkinshaw is going to be left alone as team principal of Toyota GR Waklinshaw. The Supercars excursion of both Andretti and Brown has been left unattended most of the time anyway. We'll probably never gonna see Chaz Mostert in an Indycar now.
I've been worried about Group 1001 and all of the associated companies for a while now. It feels like they have invested way too much into motorsports, too quickly. I was worried about what would happen when all of these companies go bust. Like DC Solar a few years back, the lender Amerquest back in the mid-2000s or Big Daddy's BBQ sauce back in the late 90'. I don't see how any of it can be sustainable.
My Prediction ~ Foyt is the legacy team that is going to come out on top after all this settles. In 3-5 years Larry Foyt will have that team in a position to win the Indycar Championship.
There's a lot going on here. But if we look at Michael Andretti as a team owner the last 12 years - it can only be described as inconsistent at best. In the premiere league they compete in they have zero championships in the last decade and they have not been relevant at the Indy 500 in 5 years. Part of me thinks the major money involved looked at Bryan Herta and the other quality people they have at Andretti racing and realized they can be successful without Michael leading the way.
I don't think so. Knowing andrettis big mouth, he would have probably said so long ago. Makes me wonder, could this be the reason the F1 bosses didn't let Andretti in? They do have more insider information on the motorsport world. They probably knew andretti wasn't stable to begin with.
Potentially, I'm sure in business to business sponsorship deals where the sponsor actually provides goods and services to a team e.g. McLaren F1 are sponsored by DeWalt who provide wheel guns etc. the deals are probably structured like that primarily for tax reasons.
![เป็นไปได้ไหม - WanMai [Performance Video]](http://i.ytimg.com/vi/Eh5hItD4Mr0/mqdefault.jpg)
Andretti JUST put out a statement, which doesn't contradict anything in the article. It can be read here - x.com/JennaFryer/status/1839734280689463636
It’s Jenna Fryer, no reason to take her seriously.
Seen some speculation about this regarding Zak Brown also
Statement going to an AP reporter makes sense, just as the initial report going on a PMC media property makes sense.
@@Crussell04 why would you say that about her for when she is one of the MOST credible reporters in Auto Racing!
Racer has the story also. It's 100% true
David: "now that the indycar season is over, what am i going to make videos about for the next half year?"
Indycar and the teams: "ive got you covered buddy"
"No one is denying"....fact is no one is commenting about anything. I should have known better than to fall for Lands clickbait
Oh hi Mark
Howdy you neo-fascist POS, how ya doin?
Andrettiless Global
😮😮😮😮😮
It is at times like this that I miss Robin Miller. He had a lifetime of sources who would speak with him and no one else.
Including a couple of big NASCAR stories! And Robin never covered NASCAR🤣
But on some Indy stuff he would not break it if he thought it might screw some people. Some people. He occasionally sat quiet and still broke it first
@NotSteveCook yeah Robin Miller was the one who reported Winston were leaving NASCAR early
Old sources, wouldn’t be with the times now
“I think 100 Days to Indy covers the wrong part of the season.”
Definitely
Needs to follow through the whole season.
100 days to Indy is everything wrong with indycar marketing it's terrible.... I say this as a diehard fan who would love for the series to enrapture how awesome it is on a yearly basis
@@Indycarfanatic2024 yeah love the effort but it feels forced
I think this is either something related to his bid to enter F1 or something related to the FBI investigation with Rahal. The timing is very weird.
FBI or he is just out of money? His shop has not been completed, and his IndyCar team has been struggling and his F1 bid failed..... It could be several things.. but I would say its a money issue or FBI (or both).
In what world is this possibly related to the fbi
@@dcsoda1 The Zapata deal smells fishy.
Just too broke to play?
@@Dennis-vh8tz and does that have anything to do with the fbi raiding a completely different entity?
The thought of IndyCar without the Andretti name just feels wrong
Because it is wrong
There's already no Petty name in NASCAR, this would be wrong 😕
I hope, if he is leaving the sport, he goes scorched earth and dumps all the dirt of Indycar
Perhaps Michael bit off more than he could chew. The $250 mil facility in Fishers isn’t complete yet and the F1 bid failed and he could be bleeding cash.
Dan Towriss(Gainbridge) has invested a LOT of money in Andretti in the last few years.
It looks like it. Something tied to this Zapata Software failed SPAC.
Of course he did, dude couldn’t even manage his IndyCar championship in the last 10 years, was solidly 3rd best Indy team, never within touch of the top 2. Anything else he’s been apart of he’s just slapped his name onto or as a partnership. He was delusional to think he could get let along run a F1 team and the F1 teams saw that he couldn’t. Now we have this, not surprising to me.
Andretti also seems to be the team most outspokenly opposed to Penske’s ownership of the series, could be sick of dealing with it
Rossi finished 2nd to Dixon in 2018, but you are right, zero consistency. They haven't been on equal terms with Penske and Ganassi in years.
F1 doesn’t giveth, but F1 will DEFINITELY taketh away…
This offseason is gonna be more wild than the regular season
Eventually they got rid of the Petty name on the NASCAR team. Andretti will go eventually too I'm sure.
Yeah "Legacy Motorclub" blek!
Theres also no earnhardt in Nascar
Two plausible scenarios:
1) This is related to the F1 bid.
2) Andretti is looking to take the helm of Indycar.
I hope for number 2, IndyCar needs real leadership not bozo Miles
@@PaperBanjo64 frankly Roger Penske is a relic too, like Bernie
I’m not sure I have confidence in Michael either given the way this SPAC has went and a lot of the over expansion on the IndyCar team with too many cars. Not saying Roger is doing any better than Michael would. Just saying that I have little faith in Michael as well.
@@PaperBanjo64 you mean RP AND miles
Number two is the correct answer. Whether formally or via coup, I think Michael is making a run for Indycar ownership.
The funny thing is Michael wants the thing that Roger would likely want to get rid of first, and thats the Indycar series and season. The Indy 500 doesn't need fixing. Everything else does.
Plot Twist: He's selling it all to Nigel Mansell 😁
He shall lead the team to new successes in F1 and IndyCar with the power of his facial hair.
@@McLMP4-22and all his drivers shall grow a moustache
@@McLMP4-22 His Brummie Broom shall sweep all away
@@redjohndeble9862 a MANDATORY moustache. Object to that rule and he will ensure that your car won’t be able to fit your body (if you know, you know 😉).
@@yak9989 Well the Brummie Broom does SWEEP though the competition! xD
It doesn’t say WHOM he is “selling out” to, just that he’s selling. For all we k ow he’s selling his shares to Mario, Marco, and his other kids.
Or w/ Rahal FBI investigation showed something........
I think you're right, the timing of the two events seems VERY suspect
Certainly didn’t see this coming.
I don't think it's any accident that Penske Media broke the story either... Perhaps disclosing the deal a bit prematurely and costing Andretti some real cheddar...
Hmm, it's odd with the Wayne Taylor branding on the Cadillac, when MP notes in his article: "Andretti/Towriss also purchased Wayne Taylor Racing’s two-car IMSA WeatherTech SportsCar Championship team in 2023"
Andretti Acquisition ll with Zak Brown will acquire Indycar from Penske. Zak has been very critical of what can make indycar better. Michael publicly says Penske should sell.
Insert "Huh" Cat meme here on this one.
Racer article spills the dirt. Towriss became known as "Michael's new boss"
Wow!
I think he is doing this to avoid any future conflicts of interest. This might give him the ability to help the team and maybe help indycar in ways that he was unable to in the past.
It's easy to spend other peoples money but sooner or later those people will get tired of it and demand a return. I never thought that Michael was THAT guy who could pull off what he was trying to do in F1. The fact of the matter is, he hasn't been able to win consistently in a spec series so what makes him so sure that he could actually assemble the talent needed to successfully design a F1 car from the ground up? On top of that, I always thought that he was using the Cadillac name to get to where he wanted to be in F1 but what company in their right mind would spend millions of dollars designing a F1 PU with no guarantees that it would even see the track particularly after that company made the statement that it was with Andretti or no one.
As fans, we tend to look at winning. Team owners think about winning and profitability. He's fielded a team since what, 2002?
Possibly a full GM buyout? Would Help the F1 bid.
big picture......i agree.
Indy doesn't allow OEMs to own teams (McLaren and Ferrari having exceptions due to race teams that went OEM)
@@ZontarDowwould they allow them to be Andretti and have that in a holding company held by an associate in Indy and be Chevrolet or Cadillac in F1?
😂they’re not good enough for F1😂
I would sold my share too, this is what you get when you introduce Charters!
Similar decisions destroyed NFL, NHL, Nascar, and now Indycar! Why not let the people just race, like in 90s, 80s, and before. The rules like this just destroy the fun!
Destroyed the NFL? Have you seen the numbers the NFL does lol
@@hunter_t18 With all the safety rules, you cannot even take a look at someone, let alone crash into them. Numbers do not tell the whole story, it might be just that more people are watching the sport because it is more accessible than it used to be, and they are probably tuning in because it is more popular
The safety rules are essential. I don’t want us to repeat what happened to DW. Some of the other things like charters I think are fair to criticize.
@@tibor02v1b you personally may not like every change the nfl has made but to say it’s “destroyed” is absurd. It’s one of the most successful businesses let alone sports leagues based on any metric you wanna look at in all of the world.
@@ryanfraley7113 I agree, you cannot just go berserk, there have to be some boundaries. But when introducing thing like this, even more with Charters, I think they should be carefully considered.
David, you have quite a talent for connecting the dots.
That is truly one of the worst written articles of all time.
If Honda announces they're out of Indycar come 2027, this series is in monster trouble. At that point I would expect Penske to sell the series.
I really hope that doesn't happen, we DESPERATELY need a third and fourth engine supplier as well another chassis supplier too.
If Honda does leave Indycar, they will go directly to NASCAR as the 4th manufacturer & likely will have JGR & 23XI switch from bitter rivals Toyota to Honda.
My understanding from reading the Indy Star article. Michael is selling his ownership stake in Andretti Global. He will still be a key ambassador for Andretti, and he'll be on top of the pit box every weekend. Nothing is changing besides Michael's ownership stake.
I’m gonna lose it if this is what allows Andretti into F1.
Don't underestimate how much everyone but Zak hates Michael Andretti
@@tadroid3858 true, although now im realizing, remember how f1 said that one of the reasons it wouldn’t allow Andretti is that it wouldn’t add to the brand? Now if anything the certainty won’t if they drop the name. So if they allow them now it’s even a worse look.
@@Galaticat117it might have been a case where they thought he detracted from the brand.
@@timothystamm3200 how do you think he would’ve detracted from the brand?
@@Galaticat117 they might have thought he's too much of shit stirrer, especially with the way he pursued the new entry.
Hmm thats a problem… yikes 😳 if this is all true good lord
MICHAEL! DON'T LEAVE ME HERE! *banging noises* MICHAEL!
Calm down Toto
Whaaaat?
"Andretti Watch 2024" is the off-season action we all need!
If Andretti is not commenting then you know it's true, just the details need to be clarified.
You do a great job of attribution and analysis. I just wish I had another word starting with the letter"a" for more alliteration.
If nobody is Talking, there’s is gonna be some kind of BIG Announcement coming, 🎉🎉🎉
Spire Motorsports: "I'm never going to financially recover from this"
They've expanded, opened up a big shop at Silverstone this year, are they hemorrhaging money?
The building they opened in UK is just an empty building with some computers and desks. Journalists have visited it. It was an empty shell.
On September 5th, Zak Brown was appointed to the Board of Directors of "Andretti Acquisition Corp. II"
That’s a conflict of interest by Zak with McLaren Indycar and McLaren F1….
@@Redlingstein I'm not so sure. Red Bull own 2 F1 teams. However, does Zak own the McLaren Indy team? or does McLaren?
as usual indy car has more off track bs than actual racing. how long can indy 500 keep this series alive?
Cpuld this be as simple as Marco taking dads ownership and Micheal filling a different role?
Wake me up when Indycar has a local yellow for the first time in 20+ years.
Bro indycar silly season the last few years is WILD
Is it possible to email you to ask you your opinion about a possible theory I have about the Andretti situation?
Spot on with name equity observation.
SPAC is a one-syllable word, “spack.” :)
Zak Brown is on the board of the acquisition company
That is a conflict of interest by Zak with the McLaren Indycar and McLaren F1 team….
This is REALLY MAKING ME SMH! Take care and have a great weekend David!
Indy car fans: man can this offseason get any crazier. Micheal: hold my car
Probably got tired of PenskeCar.
Good work David.
Always the go-to man when it comes to all things Indycar.
Thanks David. I do enjoy your commentary - from my seat here in Denmark. And yes ...Huhhh?! (made me laugh) More power to you!
I wonder if the charters played a role in this; I wonder if Michael didn't want to sign? Maybe Towriss and the Guggenheims were concerned that Michael was "ruining" their investment. IDK what's going on here but it sure seems sus.
Or as soon as the charters went through he wanted to cash out?
This timing combined with the LLR raid strikes me as a bit odd which makes me wonder if there’s more to that story
When I first saw this news, my first thought was, what, if anything, does this mean to Marco's participation in next year's 500? I also wonder if there is any connection to this news following the official beginning of the charter system.
Marco? Does anyone really care if Marco runs the 500 next year?
So in other words 2024 was Marco's last vanity ride in the Indy 500?
On the F1 speculation, why would Michael Andretti be the barrier there? What's Liberty Media's beef with Michael Andretti.
Don't think it has anything to do with Liberty. The 10 F1 owners don't want want to split the pie with an 11th team.
Liberty got a good look at his financing, realized he was scamming his investors.
I kinda don’t get the uproar over this. Probably why I was confused by the outrage when FOM blocked them. I don’t think ppl have any clue whatsoever who Dan towriss is. But indycar fans should. He’s had majority control of Andretti global for over a year. And runs group 1001. Not a MASSIVE player in insurance but 65billion AUM nothing to sneeze at. Importantly, Gainbridge is one of their entities. This should have been seen coming. You don’t get a 9 figure infusion to break ground and then not have some type of fall out. Given the expansion of gainbridge In terms of visibility, they were always going to be aggressive about this. Shocked it took this long for it to be spelled out. I wonder if there was a delay with the assumption the Andretti name leading the F1 push was needed. Which makes given the amount of focus the “Andretti” name was to the bid in the media atleast. Now it should make sense to folks why they didn’t engage in the necessary follow up inquiries, or atleast strongly advised, to clear up any discrepancies and remaining follows the FIA had. A gainbridge owned heavy player in Indy is just one critical factor that might make FOM weary. But money talks and bullsht runs the marathon. Ironically I think their chances now that it may be official we’ll see over the coming days as that team will now be a lot more liquid. F1 doesn’t care where your money comes from, for better or worse. So long as it’s in your account and can verify spent.
Thanks for the coverage Dave!
David the Guggenheim group has bought into a liv golf teams
It is not good business. His fortune and his Dad's is not unlimited. F1 was going to be a closure but F1 thought otherwise.
My theory is that this is the only way his backers get a Formula 1 team and it will stay named Andretti like Williams. I think Michael and Mario were too hostile to F1.
Michael doesn't like to lose. I don't think he would've agree to this deal if he thought it wasn't fair.
IndyCar is straight bats...on and off the track, and I love it.
I believe they're going to NASCAR not in 2025 2026 or 7 when they change the engine configuration to have a hybridization and as I told you I have seen the prelude NASCAR renderings
13:51 what is it!?
Andretti is investing in like all major Motorsports series and know HE sells the team!!!!
I Hope That Its Kinda Like Mark Cuban Selling The Mavs N Still Basically Doing Same Job. Dana White Selling UFC N Doing Basically The Same Job
You know who was just appointed to Andretti Acquisition Corp. II Board of Directors?
One Zak Brown.
Chew on that for a second because ... wat.
This is sad...very sad...we need andretti in Motorsports not global...
AP picked up the story
Whiskey ... Tango ... Foxtrot. What's going on in Indycar these days?
Thoughts:
1. Michael is retiring and transferring ownership to to Marco or some other heir.
2. Michael is in dire financial straights and is desperate for cash. Probably related to the Zapata deal.
3. Andretti Global is in dire financial straights and Michael is being forced out in some sort of restructuring. Could be related to Zapata or the failed F1 bid.
4. It wasn't Michael, but another owner, who got the FBI involved in the dispute with Rahal, leading to a dispute and Michael's departure.
5. That Zapata deal smells fishy. Are the FBI, SEC, and/or other authorities, looking into it?
6. The timing doesn't _necessarily_ mean much. Something could've happened months ago and been kept quiet until the end of the season.
Even crazier is Zak Brown is on the board of people who bought the team
Questions that make you want to go, hmmm...
That’s the Pastor Maldonado crashes in Stock value.
You need to look into Andretti Acquisition Corp II that went public on September 9th with Zack Brown on the board.
There's more info avail out there - its a buyout by Andretti Acquisition II. Micheal, Mario and Zac brown amongst others are on the board. He's going nowhere.
Who wouldn't want less stress in their life?
Waaay too much drama and meritless ambition with Andretti. Ambitions at Andretti are out there way ahead of the skis. Rossi, a top 3 series driver at the time, got screwed and got out of there when they overextended the number of cars and hired people like Devlin D and Grojean to drive for them, watering down Rossi's critical support team. Now, there is this new multi million dollar facility...how the hell will that be paid for? And now Zapata, WTF? Sounds like Michael may have a serious personal financial problems, to say the least. Oh, those irritating Depositions....
Andretti Global is constant chaos in the panicked quest to get up there with Ganassi and Penske at the same time they want into F1. Yeah, that's the ticket. Without Colton Herta, where would this team be today?
Way too far over the skis, seriously overextended. An federal investigation involving a former Andretti employee does not suprise in the least. Sounds like some people who left the team were pissed off. It starts with a core personality flaw with Michael, same as decades ago when he thought he would go to F1 and dominate. Michael, a great CART racer, has never been a team owning genius, and now it seems F1 wants nothing to do with him. Again, NOT a surpise.
Very well-said, I agree. A bit impatient and always with something to prove.
Rossi blows
Very Surprised!😮
Andretti Global could have had better luck appealing to the Directorate General for Competition of the European Commission or the European Court of Justice against Formula One Group on the basis of a breach of European competition law:
_“Refusing to supply a competitor with a good or service,[63] often in a bid to drive them out of the market.”_
F1 can be considered a service to promote sponsoring brands and car manufacturers (such as Cadillac/GM). The teams already in F1 refusing other teams to get in may be deemed as a cartel refusing a competitor the service of having access to the hype around a team being in F1.
Wait what?
Too broke to play, F1 will always pass on poser's.
@@ronbelanger4113except when the didn’t in 2010
The off season isn't going to be a silly season, it's going to be a soap opera!
What if he’s replacing Mark Miles as CEO
That would be amazing, but I doubt it.
I guess you'll have to follow up on rumors next time
90% of comments didn't read the article 😂😂😂
That is a better hat for you to wear I like that hat.
This whole ordeal makes the scenario of Walkinshaw Andretti United (the Supercars team) being fully absorbed into Toyota Gazoo Racing much more probable. Michael leaves all of his motorsport operations outside of Indycar, so he'll leave Supercars. Zak Brown has a conflict of interest with Toyota, so he'll probably leave anyway. So Ryan Walkinshaw is going to be left alone as team principal of Toyota GR Waklinshaw. The Supercars excursion of both Andretti and Brown has been left unattended most of the time anyway. We'll probably never gonna see Chaz Mostert in an Indycar now.
In the background F1 laughs in 🍾 🍾 🥂 🥂 and 🍷 🍷
F*ck F1
so is therrle any chance Mario gives his shares to Michael?
I've been worried about Group 1001 and all of the associated companies for a while now. It feels like they have invested way too much into motorsports, too quickly. I was worried about what would happen when all of these companies go bust. Like DC Solar a few years back, the lender Amerquest back in the mid-2000s or Big Daddy's BBQ sauce back in the late 90'. I don't see how any of it can be sustainable.
My Prediction ~ Foyt is the legacy team that is going to come out on top after all this settles. In 3-5 years Larry Foyt will have that team in a position to win the Indycar Championship.
Well they are making big steps towards it.
I respect and love Mario but Micheal ehhhhhh. I'd love to see this, that spunky kid with the hair over there at Foyt is fun to watch.
What about his Indy NXT team?
There's a lot going on here. But if we look at Michael Andretti as a team owner the last 12 years - it can only be described as inconsistent at best. In the premiere league they compete in they have zero championships in the last decade and they have not been relevant at the Indy 500 in 5 years. Part of me thinks the major money involved looked at Bryan Herta and the other quality people they have at Andretti racing and realized they can be successful without Michael leading the way.
Bottom line is, obviously and unfortunately, not any sort of forward progress or good news for Andretti. Crap.
its called money washing
Probably part of a condition if he is committed to do F1
I don't think so. Knowing andrettis big mouth, he would have probably said so long ago. Makes me wonder, could this be the reason the F1 bosses didn't let Andretti in? They do have more insider information on the motorsport world. They probably knew andretti wasn't stable to begin with.
Nah, F1 has many very rich folks with the coin to do multiple things at once.
It's 2 million in cash and 7 million in services going to Andretti Global
Potentially, I'm sure in business to business sponsorship deals where the sponsor actually provides goods and services to a team e.g. McLaren F1 are sponsored by DeWalt who provide wheel guns etc. the deals are probably structured like that primarily for tax reasons.
WAT?! the hell going on?!