And no, the North American outfit has not inked a partnership with the famous British magazine Autosport, only it has suffered a restructuring process during their first win-less season in years.
Kim Green and Kevin Savoree, former co-owners of the outfit, already announced their departure from the IRL team in order to focus on the organization's street racing activities in St Petersburg and Toronto (Andretti Green Promotions), leaving the Andretti family in total control over its IRL part.
“Andretti and his former business partners announced on Aug. 20 their decision to split off their racing and promotions businesses into two separate companies,” said a statement from the company.
“The racing team, which boasts three IZOD IndyCar Series championships, two Firestone Indy Lights titles and two wins in the Indianapolis 500, is now solely owned by racing legend Michael Andretti and has been rebranded Andretti Autosport.”
“This is a great day for all of us. We’re very excited about the future of the team and we are looking forward to being a contender again in 2010. Everyone at Andretti Autosport is 100 percent focused on winning races and championships. We have a lot of work to do this winter, but everyone is committed to the job and we’re looking forward to 2010,” said Michael Andretti, chairman, president and CEO of Andretti Autosport.
The team is yet to announce its future lineup, but it is believed one of the chances related to the 2010 drivers will be Hideki Mutoh being replaced by Ryan Hunter-Reay.