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:

• Mario Andretti is a former Formula One World Champion racecar driver and one of only three drivers to win races in Formula One, IndyCar, World Sportscar Championship and the National Association for Stock Car Auto Racing (“NASCAR”). He is one of only two drivers to have won both the Daytona 500 and the Indy 500.
• His son, Michael Andretti, won the PPG IndyCar World Series in 1991 and has tallied 42 race wins throughout his career. As owner of Andretti Autosport, Michael Andretti has led his team to over 200 race wins, including four IndyCar Championships.

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.)