Michael Andretti resigns as CEO of Andretti Global, sharing the news through an emotional open letter to fans.

Michael Andretti is addressing his decision to step back from his leadership role at Andretti Global.In late September is was discovered that Andretti had decided to relinquish his ownership stake in the racing team that he had been in charge of since buying into Team Green in 2002.

A week after his shock departure from Andretti Global, Michael Andretti has penned an open letter to fans explaining his decision.

Michael Andretti and Dan Towriss spoke to The Associated Press to address a Sportico.com report and the rumors swirling around it

Michael Andretti will step down from his ownership role at Andretti Global to take a more behind-the-scenes position with the organization.

Michael Andretti penned a heartfelt letter to his fans confirming reports that he would be stepping down from his duties as owner of the Andretti Global team.

Michael Andretti’s recent resignation as Andretti Global CEO has left many questioning his abrupt exit. After decades at the helm of the Andretti racing team, h

Michael Andretti has released his first statement since it was announced he was stepping back from his day-to-day running of Andretti Global, insisting it "isn't a goodbye" from the team run under his name.