News Details
Liberty admits US gov't Andretti F1 probe underway
Aug.15 The CEO of Formula 1's owner, Liberty Media, has confirmed the organisation is under investigation by the United States justice department. In May, a group of US congress and senate members challenged F1's decision to lock American racing entity Andretti-Cadillac out of the sport, admitting their 'concerns with the apparent anti-competitive actions that could prevent two American companies … from producing and competing in Formula 1'. In an earnings call, Liberty CEO Greg Maffei confirmed 'that there is a Department of Justice investigation' now underway. 'We intend to fully cooperate with that investigation, including any related requests for information,' he is quoted as...
Full Story »
Full Story »
9mo ago from OneStopStrategy.com
0
You May Also Be Interested In...
Liberty Media co-operating with probe into Andretti F1...
Liberty Media has acknowledged that the US Department of Justice is...
10mo ago from MotorsportWeek.com
Mercedes: ‘Zeropod' F1 concept could have worked...
Mercedes believes that the team's infamous ‘zeropod' car concept...
9mo ago from MotorsportWeek.com
Wolff predicts ‘new era' for Mercedes once F1...
Mercedes' CEO and Team Principal Toto Wolff has said that he is hopeful of...
10mo ago from MotorsportWeek.com
Mercedes reveals what it will miss about Hamilton's F1...
Mercedes' Trackside Engineering Director Andrew Shovlin has said he'll...
9mo ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
The consequences of Toprak Razgatlioglu's arrival in...
No description available...
14h ago from Motorsport.com
Joan Mir will ‘go to bed satisfied' after...
Joan Mir admitted that he will "go to bed satisfied" after...
17h ago from MotorsportWeek.c...
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
1d ago from Motorsport.com
WorldSBK champion Toprak Razgatlioglu switches to...
After years of speculation, two-time WorldSBK champion Toprak...
1d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
1d ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
1d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
4d ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Real Madrid Transfer News Roundup: Arsenal want...
Real Madrid are looking ahead to the FIFA Club World Cup, which starts on...
1h ago from SportsKeeda.com
Arsenal looking to leapfrog Manchester United in bid...
Arsenal are actively looking to beat Manchester United and other...
11h ago from SportsKeeda.com
Arsenal target rejected chance to join Saudi club...
Benjamin Sesko has reportedly turned down a move to the Saudi Pro League...
15h ago from SportsKeeda.com
No offers received for Gyokeres, says Sporting...
Sporting have not received any offers for Viktor Gyokeres and the striker...
16h ago from SkySports.com
Comments
Hottest News
The penalty tightrope Verstappen now walks to avoid race ban
This weekend's Canadian Grand Prix marks the... Read More »
1h ago from SkySports.com
Revisited: Daniel Ricciardo stuns Mercedes as controversial...
Daniel Ricciardo's surprise first victory in F1... Read More »
2h ago from RacingNews365.com
Start time of 2025 F1 Canadian GP
F1 heads to North America for Round 10 of the... Read More »
2h ago from RacingNews365.com
