Michael Andretti Net Worth, Income, Wife and more


Michael Andretti Net Worth, Income, Wife and more

Michael Andretti

NameMichael Andretti
Age60
OccupationOwner, Andretti Autosport
Net Worth$40 Million
Marital StatusMarried
ResidenceIndiana, United States of America
NationalityAmerican
Updated2023

Michael Andretti has been in the news recently. Michael is leading Andretti Autosport’s F1 ambitions since 2021. Although, the entry has gained momentum after GM’s commitment to the All-American F1 bid, under its Cadillac brand. Though, Andretti is currently known for the success of his racing team in a variety of championships in America, the 60-year-old has an even bigger legacy in racing.

Michael is the son of former world champion Mario Andretti and carries on the iconic name. Thus, the Andretti Autosport boss certainly has racing in his blood. Andretti himself is one of the most successful drivers in the US, having won several races, including the 1991 CART Indycar championship. Although currently, the American marquee is credited for the immense success achieved by the team under his leadership. Andretti Autosport has won 4 Indycar championships as well as 5 iconic wins at the Indianapolis 500. Currently, it also has some of the best drivers under its wings, including Colton Herta.

YouTube video
Michael has competed with some of the best talents in racing history

As such, Michael is a veteran of motorsport, someone who knows what he’s doing. This makes the Andretti-Cadillac F1 endeavour certainly one to look forward to. But there has been opposition towards this All-American team’s plans to join the pinnacle of motorsport. Consequently, many teams have even asked for an increased entry fee upward of $700 Million. It would be interesting to see if Michael can convince the grid to allow his team to get a slot on the F1 grid.

FS Video

Also Read: “We can have up to 12 teams on the grid,” FIA President fires an argument at those who are opposed to Andretti’s F1 entry

Michael Andretti Net Worth

Andretti is a man with quite deep pockets due to his team’s continuous success

Undoubtedly, Michael comes from one of the most successful US families in motorsport. Hence, it is no surprise that the 60-year-old is one of the richest team owners in America. Andretti is reported to have a net worth of over $40 Million in 2023. This figure was estimated to be $20 Million in 2012. Likewise, this figure can be credited to Andretti Autosport’s various endeavors in motorsport. An outfit under the leadership of Michael.

Of course, this number would not seem surprising after looking at the net worth of Michael’s father Mario. Mario Andretti is estimated to have a net worth of $130 Million. The Andretti family indeed has earned some heavy sums over the years. Andretti-Cadillac serves as perhaps the best opportunity for Michael to increase his riches. All in all the All-American team can leverage F1’s newfound popularity in the US for commercial benefits.

Michael Andretti Income

Michael’s stint in F1 failed drastically alongside the legendary Ayrton Senna as teammate

The American marquee is the team boss of one of the biggest US racing outfits. Thus, Michael brings home a big paycheck every year. Rumors have estimated the 60-year-old’s income to be in the ballpark of over $4 Million. Although, there is no official data available to confirm this number. Correspondingly, this figure is perhaps a true indication of the value Andretti brings to the table, helping its projects to prosper. Certainly, the former CART champion’s income will see a significant boost if Andretti-Cadillac can make it to F1.

Michael Andretti Endorsements

Currently, Andretti-Cadillac does not have the support of the existing F1 teams

Michael Andretti is one of the most popular figures in motorsport in the US. As such, it would be no surprise to witness Michael endorsing multiple brands. However, there is no information available regarding any such deals. Thus, for now, we can only speculate about Andretti’s endorsements. Although, the 60-year-old will certainly be a big catch for any company’s marketing efforts.

Michael Andretti Wife

Jodi Ann Peterson is the wife of Michael since 2006

Michael is currently married to Jodi Ann Peterson. Jodi is the former Miss Oregon Teen USA of 1994. She also has successful modelling and acting careers. Jodi Ann Peterson was also the Playboy Playmate of the year, in 2000. The couple announced their engagement on July 15, 2006. Following this the two tied the knot on October 7, 2006. The couple has a pair of twins, namely Mario and Miati. Presently, the two children are 8 years old.

However, the Andretti Autosport boss has had a few marriages over the course of his life. Though, Michael’s first marriage was with Sandra Spinozzi in 1985 for a span of 11 years. Andretti then went on to marry Leslie Wood in 1997 for a period of 6 years. Thus, Michael’s marriage with Jodi is his third attempt at finding a partner for life. Altogether the 60-year-old has a total of 5 kids, two with Sandra, one with Leslie, and the twins with Jodi Ann Peterson.

What is Michael Andretti’s Net Worth?

Michael Andretti is estimated to have a net worth of $40 Million in 2023.

What is Michael Andretti’s Income?

Michael Andretti is rumored to earn over $4 Million every year.

Was Michael Andretti a racing driver?

Yes, Michael Andretti was one of the most successful open-wheel drivers in the US.

Is Michael Andretti married?

Yes, Michael Andretti is married to Jodi Ann Peterson.

Who is Michael Andretti’s wife?

Michael Andretti is currently married to model and actor, Jodi Ann Peterson.

How old is Michael Andretti?

Michael Andretti was born on October 5, 1962 and is 60 years old.

Where was Michael Andretti born?

Michael Andretti was born in Bethlehem, Pennsylvania in the United States of America.

Read More: Mike Krack Net Worth, F1 Salary, Wife and more

Read More: Who does Lewis Hamilton follow on Instagram?