Motorsport News

Andretti Acquisition Corp. begins trading on NYSE

Andretti Acquisition Corp. begins trading on NYSE

Andretti Autosport founder, CEO and chairman Michael Andretti serves as co-CEO of Andretti Acquisition along with his childhood friend Bill Sandbrook, who most recently was CEO of U.S. Concrete.

Andretti Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company whose business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While the company may pursue an initial business combination in any business, industry or geographic location, it currently seeks to focus on opportunities that can benefit from the Andretti brand name, both inside and outside motorsports.

Andretti Acquisition Corp. is looking for a company in either the electrification, racing, luxury/performance, auto aftermarket, autoservice and retail, or disruptive technologies space that it can take public and use its financial acumen/deep relationships to drive…

Click Here to Read the Full Original Article at Motorsport.com – All – Stories…