Andretti Sports Marketing files lawsuit against Andretti Autosport (UPDATED)


Andretti Sports Marketing, LLC has filed a lawsuit against Andretti Autosport Holding Co., Inc. in Marion County (In.) Superior Court, which has prompted a statement from Michael Andretti against two Andretti Sports Marketing top level individuals in John Lopes and Starke Taylor.

The lawsuit was filed on July 30. Michael Andretti also is named as a defendant.

Most recent titles for both are president of Andretti Sports Marketing for Lopes, and vice chairman of Andretti Sports Marketing for Taylor. As of August 11, both were still listed on the Andretti Sports Marketing overview page as part of the leadership team.

In a Wednesday article by the Indianapolis StarStar reporter Curt Cavin notes the suit alleges Andretti Autosport has “less than $2 million in unencumbered assets and at least $7 million in debt, plus additional liabilities that may be in excess of $10 million” and that the company has borrowed $6-8 million “from various sources to operate.”

Reports indicated last year that United Fiber & Data, which had sponsored James Hinchcliffe in IndyCar and Matthew Brabham in Indy Lights, did not fully pay its bills.

Michael Andretti serves as head of both companies, as team principal of Andretti Autosport and CEO and chairman of the board for Andretti Sports Marketing.

Michael Andretti’s statement reads as follows:

“This lawsuit is a disingenuous and self-serving attempt to benefit John Lopes and Starke Taylor at the expense of Andretti Autosport and its 120 employees. The allegations by Lopes and Taylor will not be supported by the evidence and we will aggressively respond with the truth.

“My family has strived to earn an exemplary reputation in all facets of our personal and professional lives. We will not allow this reckless attempt at grabbing leverage to impact our family name.”

A call for comment has been placed by MotorSportsTalk to Lopes. An email has been sent to the attorney (Jim Voyles) representing Andretti Autosport; Barnes & Thornburg LLP is representing Andretti Sports Marketing.

While rumors have circulated in recent weeks that Andretti Sports Marketing would be shut down entirely, the company remains operational at the moment, albeit with a reduced staff.

An Andretti Autosport spokesperson said in a statement supplied to MotorSportsTalk that “Michael prefers to not to see the (Andretti Sports Marketing) company shut down.”

Andretti Sports Marketing is involved with the experiential side of branding and marketing for Volkswagen’s efforts, as Andretti Autosport currently campaigns two Volkswagen Beetles for Tanner Foust and Scott Speed in the Red Bull Global Rallycross.

Andretti Sports Marketing has promoted Verizon IndyCar Series, FIA Formula E Championship and Red Bull GRC races. Its IndyCar races have included Milwaukee, Baltimore and New Orleans; Formula E in Miami and Red Bull GRC in Washington, D.C.

Andretti Sports Marketing is not involved with promotion of this weekend’s Red Bull GRC round in Washington, D.C., as it was last year.

MotorSportsTalk will follow with additional updates when they are available.

Steve Torrence takes NHRA points lead with Gatornationals victory

NHRA Gainesville Steve Torrence
Jeff Robinson/Icon Sportswire via Getty Images
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GAINESVILLE, Fla. — Two-time defending NHRA Top Fuel champion Steve Torrence took the points lead Sunday in the AMALIE Motor Oil Gatornationals, beating his father, Billy, in the final round at Gainesville Raceway.

Torrence had a 3.809-second run at 322.11 mph to win for the third time this year and 39th overall. He is now on track for another championship despite missing the season opener.

“We’ve got some good momentum and to be in the points lead, it’s a testament to how hard these guys work,” Steve Torrence said after the NHRA Gainesville victory. “We’ve just got to stay focused and concentrate on what the task at hand is, and that’s trying to win a championship. These guys give me an unbelievable race car and you just try not to screw it up.”

Ron Capps won in Funny Car, Alex Laughlin in Pro Stock and Matt Smith in Pro Stock Motorcycle.

Capps raced to his second win this year and 66th overall, beating Tim Wilkerson with a 3.937 at 323.12 in a Dodge Charger SRT Hellcat.

Laughlin topped Aaron Stanfield with a 7.068 at 204.76 in a Chevrolet Camaro for his first win this season and fourth in his career. Smith rode to his first victory in 2020 and 25th overall, topping Andrew Hines with a 6.843 at 196.99 on an EBR.