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Michael Andretti’s Net Worth: The New Face in F1?

Michael Andretti Net Worth

Michael Mario Andretti is a retired race car driver and team owner. Today, we’ll look at how much Michael Andretti Net Worth is. Born on 5 October 1962, he has 42 wins under his belt. Motorsport is as good as blood for the Andretti family; it runs in their veins. Michael’s Father, Uncle, Cousin, and Son are all race car drivers. The family has a monumental history in the racecar game and is very pivotal in its growth in America. Born to Mario Andretti, an American motorsport legend, Michael had big shoes to fill in, and he did well. There are only two Americans who have won the Indy 500, the Daytona 500, and the F1 World Championship & Mario Andretti is one of them. The pressure was intense for Michael Andretti growing up as the family seldom talked about anything other than motorsport.

 

Michael Andretti Net Worth

Michael Andretti’s Net Worth

The racecar driver turned into a team owner. Michael Andretti Net Worth is estimated to be around 40 million $. It’s something to keep in mind that Michael Andretti is trying to buy an F1 team. Once that happens, we’ll be able to see Michael Andretti Net Worth increase by a very fair margin. He’s the second generation Andretti professional racecar driver and a motorsport team owner. The transition from a racecar driver to a team owner was very smooth for Michael Andretti. Michael received equal success in both of his roles, which isn’t something easy. In BMW’s Formula E victories, Michael played a huge role.

Michael Andretti Real Estate

Part of being a racecar champion is living like a champion, and a great house is one way to do that. Michael built his dream house with his ex-Wife Sandra in Nazareth, Pa. The property area is a whopping 10 acres, where Michael built a 12000 square feet mansion. The property includes a personal golf course, cause why not. The villa also has enough room for storing cars with a garage to house six vehicles at a time, which makes sense for the Andretti family in the racing business. However, Michael sold his dream house to his son in 2010 for a whopping 2 Million $ as he moved to Indianapolis, where his motorsport team is based. Michael Andretti also owns a 3500 square feet condo with four bedrooms. However, Michael is also putting this condo for sale at a whopping price of 3.8 Million $.

Andretti Motorsport

Michael founded the Andretti Motorsport after initially retiring as a racecar driver in 2003. The team competes in several championships, including the Indy Pro 2000, Formula E, and Indy Car Series. The team is very successful, much like its owner Michael Andretti as the team won the Indy 500 an incredible five times. Andretti Motorsport also won Indy Light 4 times. Michael also plans to take Andretti Motorsport to the F1 circuit. However, that might not be an easy transition. Initially, Michael wanted to buy Sauber and enter F1 through them, but the deal failed. Recently only Michael sat down with Mohammed Ben, FIA President, and received positive feedback. Andretti Motorsport is a significant contributor to Michael Andretti Net Worth.

Also Read: The Big Secret of Seal’s Net Worth And Lifestyle

Michael Andretti's Net Worth

Awards and Achievements of Michael Andretti

Michael Andretti is considered one of the best American racecar drivers in Indy car racing. While in his earliest years, Michael also won the 1991 CART PPG Indy Car World Series. Michael Andretti also raced for the motorsport giant McLaren in 1993 for a season. A contender for winning the Grand Prix, Michael Andretti found himself in testing waters. Despite McLaren showing a lot of support to the American driver, he somehow couldn’t live up to his potential. Crash after crash made him inconsistent; the sudden rules changes and the technical side of the F1 made it very hard for Michael to make his name at the F1. His best performance includes finishing fifth in the Spanish Grand Prix.

Michael Andretti Net Worth

About Michael Andretti

The owner and founder of Andretti Motorsport, Michael Mario Andretti, is also a successful racecar driver in his past. Son of the legendary American racecar driver Mario Andretti, Michael had the responsibility to carry his father’s legacy, and he did a great job at it. Moreover, Michael is also looking for a chance to verge into the highly competitive F1 circuit. Given his family and racing history, this move is being closely watched by the F1 community around the globe.

That’s it about Michael Andretti Net Worth. For more, stay tuned to Artistree.

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