On Monday, the regulatory body of Formula One, the FIA, supported American Michael Andretti application to form a new 11th team, subject to the commercial rights holders’ approval, know his 2023 net worth and wife
As per the FIA, Andretti Formula Racing LLC registration is on to the next round of the application process and commercial discussions with Formula One Management.
Who is Michael Andretti owner of Andretti Global racing team, net worth in 2023, wife, daughter, business
Since 2021, Michael Andretti has been in charge of Andretti Autosport’s F1 aspirations.
Although Andretti’s racing team has been successful in winning a number of titles in America recently, the 60-year-old has a much greater legacy in the sport.
Who Is Michael Andretti?
Michael Andretti was born on October 5, 1962, in Bethlehem, Pennsylvania, in the United States of America. He was among the best open-wheel racers in the US.
Michael Andretti’s Previous Marriages
The head of Andretti Autosport has been married a few times. Michael’s first marriage, which lasted 11 years, was with Sandra Spinozzi in 1985. Andretti later married Leslie Wood for six years, starting in 1997.
Michael Andretti’s Personal Life
Currently, he is married to Jodi Ann Peterson, who previously served as 1994’s Miss Oregon Teen USA. She also has prosperous acting and modelling jobs.
In 2000, Jodi Ann Peterson won the title of Playboy Playmate of the Year. On July 15, 2006, the pair made their engagement public. On October 7, 2006, the couple got married.
The couple gave birth to twins, who are now 8 years old.
Andretti is the father of five children in total—twins with Jodi Ann Peterson, two with Sandra, and one with Leslie.
Michael Andretti’s Profession
Michael Andretti, who carries on the legendary name, is the son of former world champion Mario Andretti (1978). Andretti, who has won numerous races, including the 1991 CART Indycar championship, is one of the most successful drivers in the US.
In addition to five historic victories at the Indianapolis 500, Andretti Autosport has won four IndyCar championships. Colton Herta is one of the best drivers it currently has working for it.
Andretti-Cadillac F1 effort is undoubtedly something to anticipate. However, there has been resistance to this all-American team’s aspirations to compete at the highest level of motorsport.
Numerous teams have even requested admission fees that are over $700 million.
Michael Andretti’s Income
One of the largest US racing organisations is led by an American marquee, and thus, he earns a sizable salary each year. According to rumours, the businessman makes well over $4 million annually. However, there is no formal information to support this figure.
Michael Andretti’s Net Worth
Michael undoubtedly hails from one of the US motorsports industry’s most prosperous families. The 60-year-old is one of the wealthiest club owners in America.
According to reports, Andretti will be worth more than $40 million in 2023. In 2012, his estimated worth was $20 million.
In light of Mario’s and Michael’s father’s wealth, this figure should not come as a surprise. According to estimates, Mario Andretti is worth $130 million. The Andretti family has amassed a sizable fortune over the years.
Andretti Global clears first hurdle to join Formula One as an 11th team with FIA expansion approval #MichaelAndretti #F1 #FIA https://t.co/cEZ3AZiJ7h pic.twitter.com/6G6dpRmIqo
— Tony Oakley (@tony2oak) October 3, 2023
#F1 | La FIA aprueba la participación de Andretti en la Fórmula 1… pero ahora queda lo más difícilhttps://t.co/LrElziDjwH#AndrettiGlobal #Cadillac #FIA #Fórmula1 #GeneralMotors #LibertyMedia #MichaelAndretti @FIA @F1 pic.twitter.com/JhWCILSVO0
— Motor.es (@motorpuntoes) October 2, 2023