Michael Andretti has vowed to "aggressively" fight a lawsuit from within his own organisation after his partners in Andretti Sports Marketing commenced proceedings claiming that the race team is insolvent.
Long-time Andretti lieutenant John Lopes, who was removed from his position of president of ASM last month, has combined with fellow ASM co-owner Starke Taylor in filing a suit in the Marion County Supreme Court against Andretti Autosport Holding Company.
In addition to the claims about the IndyCar team's financial situation, which state that the team is $7million in debt with just $2million in assets, the suit also claims that Andretti mismanaged ASM.
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