Repo king sells waterfront Fort Lauderdale mansion to Michael Andretti for $27M

Retired racing driver Michael Andretti paid $27.4 million for a waterfront compound in Fort Lauderdale, marking one of the priciest home sales in the city over the past year.  Andretti is the son of racing legend Mario Andretti. Michael Andretti and his wife, Jodi Ann Andretti, acquired the 17,812-square-foot mansion at 2900 Northeast 37th Street from repo king Patrick K. Willis, property records show. Willis owns El Dorado Hills, California-based American Recovery Services, one of the largest auto repossession firms and debt collectors in the country.  The nine-bedroom, 15-bathroom home returned to the market last year for $39 million, which […]This article originally appeared on The Real Deal. Click here to read the full story.