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

The 62-year-old has been at the helm of his namesake team since his driving days. It has won five Indianapolis 500s.

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.

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

Michael Andretti is stepping down as the CEO of Andretti Global amidst a turbulent period following the rejection of their bid to join Formula 1.

American racing legend Michael Andretti has announced that he is stepping down from running the Andretti Global operation. The 62-year-old […]

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 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.

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