At present, for example, Andretti competes in IndyCar, IndyNXT, IMSA, Formula E, Extreme E, and supercars, among others, according to their website.
The team are also trying to enter the world of Formula 1, too, having made a serious bid to enter the grid in recent years - an effort that remains ongoing.
In fact, at present, the Department of Justice is scrutinizing the legality of Formula One Management's (FOM) decision to reject their application to join F1.
Whilst that matter is ongoing, however, another huge update has emerged on the team's future that could affect all of their current plans.
According to Sportico, current CEO and chairman of Andretti Global, Michael Andretti, is set to relinquish his ownership stake in the company.
Their report claims that for some time now, Andretti has been eyeing a transition from his current operational role into a more strategic position.
No official confirmation of the news is yet to be revealed.