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home / news releases / WNNR - Andretti Acquisition Aims For Motorsports Target Merger

WNNR - Andretti Acquisition Aims For Motorsports Target Merger

Andretti Acquisition Corp. Class A
  • Andretti Acquisition Corp. raised $200 million in a recent IPO.
  • The SPAC seeks to merge with a racing industry company or other more broadly-defined automotive industry target.
  • While WNNR has impressive leadership, they don't have previous SPAC experience and a recent attempt to acquire a Formula 1 team apparently fizzled.
  • I'm on Hold for WNNR at this time.

For further details see:

Andretti Acquisition Aims For Motorsports Target Merger
Stock Information
Company Name: Andretti Acquisition Corp. Class A
Stock Symbol: WNNR
Market: NYSE
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