FOM reject Andretti bid

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Originally Posted by Nitrodaze

It is probably not as simple as that. Andretti also did not handle things right. He made it harder than it should have been. A change was necessary for things to move forward, it seems.

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I think Mikey is still a bit miffed from the way he was treated during his short stay as a F1 driver.

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Originally Posted by Nitrodaze

It appears General Motors has parted ways with Andretti and is entering Fi as Cadillac F1.

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Well, the co-owner (Dan Towriss) of Andretti Global has taken over the day-to-day duties, and they have rebranded it TWG Global. Mario Andretti is on the board. Michael Andretti's role is unknown, but he endorses the deal.

It looks like it is a face-saving measure by Formula 1 to avoid the anti-trust investigation.