Congressional Inquiry: Unraveling the Dispute Between Liberty Media and Andretti F1

Congressional Inquiry: Unraveling the Dispute Between Liberty Media and Andretti F1

P1racenews AI automatic summary:


Members of the United States Congress have written a letter addressed to Liberty Media to receive answers over Andretti and

The FIA approved Andretti’s entry into Formula 1 last October, but Formula One Management did not give the green light for the team’s participation citing doubts about competitiveness until 2025 with a possible reconsideration in 2028. Andretti is actively working towards becoming the 11th team on the grid by establishing a new headquarters at Silverstone and expanding their team. The US Congress has raised concerns about antitrust issues in Formula 1, particularly regarding Andretti Global and General Motors’ potential participation and the exclusion of American teams. Congress has requested a response by May 3, 2024, from FOM regarding the rationale for rejecting Andretti Global, the compliance with the Sherman Antitrust Act, and the impact on GM’s market entry into Europe. The Congress emphasizes the importance of fair competition and merit-based entry into Formula 1, especially with the sport’s growing presence in the United States.

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