P1racenews AI automatic summary:
Members of the U.S. Congress have written a letter addressed to Liberty Media CEO Greg Maffei to express “concerns with apparent anti-competitive actions” that could stop Andretti Global’s bid to e…
A bipartisan group of U.S. Congress members, led by Republican John James, have expressed concerns about potential anti-competitive actions that could hinder Andretti Global’s entry into Formula 1, in a letter to Liberty Media CEO Greg Maffei. Andretti has partnered with General Motors for a prospective F1 team, but Formula One Management (FOM) has delayed their entry consideration to 2028, insisting on GM building its own power unit by then. The Congress members argue that FOM’s decision seems to favor European teams affiliated with rival automakers over American companies, potentially violating U.S. antitrust laws. The letter raises specific questions, demanding FOM’s response by May 3, and highlights the need to allow American participation in F1 without unfair restrictions. FOM previously stated that any new team’s entry requires approval from both FIA and the Commercial Rights Holder, citing concerns about Andretti’s power unit arrangement and the operational impact of adding an 11th team. Despite Congress’s call for a reply, FOM and Liberty Media are yet to officially respond to the letter’s contentions.
