Andretti Acquisition Corp.
Michael M. Andretti, the celebrated race car driver, is the co-CEO of this blank-check company or SPAC, which will focus on the automotive industry. (Incorporated in the Cayman Islands)
We intend to leverage the extensive experience and vast network of our management team to complete our initial business combination. Two key members of our management team are racing legends Mario and Michael Andretti:
This legacy has made Andretti a household name with 75% of Americans familiar with the iconic brand, which connotes luxury, lifestyle and performance. Among its many successes, Andretti Autosport has leveraged the popularity of the Andretti brand to undertake sustainability initiatives, including helping underprivileged communities, as well as developing a competitive electric vehicle platform powered by renewable energy. The Andretti brand is complemented by Andretti Technologies, an advanced engineering and innovation arm that has enabled Andretti to raise the bar for automotive performance.
We currently seek to focus on opportunities that can benefit from the iconic Andretti brand name, both inside and outside of the worldwide motor sports platform and the expertise and ability of our management team to identify, acquire and grow a business in the broadly defined automotive industry. This industry includes but is not limited to advanced mobility and related next-generation technologies, premium and performance vehicles and replacement automotive parts.
(Note: Andretti Acquisition Corp. priced its SPAC IPO on Jan. 12, 2022, in line with the terms in its prospectus: 20 million units at $10 each to raise $200 million.)
|Address||7615 Zionsville Road Indianapolis, Indiana 46268|
|Phone Number||(317) 872-2700|
|View Prospectus:||Andretti Acquisition Corp.|
|Revenues||$0 mil (last 12 months)|
|Net Income||$0 mil (last 12 months)|
|Price range||$10.00 - $10.00|
|Est. $ Volume||$200.0 mil|
|Manager / Joint Managers||RBC Capital Markets|
|Expected To Trade:||1/13/2022|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|