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F1 face major investigation into Andretti rejection(racingnews365.com)

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purrtastic@lemmy.nz
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ryannathans@aussie.zone
6 points

What requirements are not met?

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Rapidcreek@lemmy.world
5 points

Then the DOJ will charge them with anti trust violations.

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mimosabuttler@lemmy.world
0 points

Is Liberty Media registered in the US?

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TheGrandNagus@lemmy.world
7 points

It’s a bit complicated. Liberty Media is, Formula One Management (a subsidiary) isn’t.

I imagine they will argue that in the same way the US can’t regulate McDonald’s UK subsidiary, the US can’t regulate FOM.

However the US could say “ok well no more US races until you let more US teams join”

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Rapidcreek@lemmy.world
4 points

It doesn’t matter. They do business here. Ask FIFA, which is incorporated in Austria. But, yes, Liberty is a US company whose stock you can buy on the NYSE

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Orbital@infosec.pub
1 point

Yes

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Atin@lemmy.world
4 points

Apparently it’s mostly because Greg Maffei doesn’t want Michael Andretti back in F1.

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ObamaBinLaden@lemmy.world
5 points

I wonder if “Williams would be sad because they would get less money” can hold up in court

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FrostyTrichs@walledgarden.xyz
0 points

So we are meant to believe a dysfunctional and combative US government is going to somehow swoop in to solve some F1 drama? Yeah I don’t think so.

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JeeBaiChow@lemmy.world
-2 points

Ah yes. The American way. Win, or die in the courts.

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wurstgulasch3000@lemmy.world
9 points

The rejection is BS and they know it. I hope they concede before this goes to court

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