Senators ask for Formula 1 investigation over Andretti Global rejection
8 Articles
8 Articles
Senators Call on Feds to Probe Formula 1 Rejection of Andretti Team
A bipartisan group of U.S. senators has called on the Federal Trade Commission and Department of Justice to investigate as a possible antitrust violation Formula 1’s exclusion of a racing brand owned by racing legend Mario Andretti. The May 21 letter, addressed to FTC Chairwoman Lina Khan and U.S. Assistant Attorney General for the Antitrust Division Jonathan Kanter, notes that there are 10 Formula 1 teams but none “drive an American-made car wi…
Senators ask for Formula 1 investigation over Andretti Global rejection
A bipartisan group of senators has written to the Biden administration asking the Justice Department and the Federal Trade Commission to investigate Formula 1 over a possible violation of American antitrust law. Formula 1, commonly known as F1, in January rejected former American racing star Michael Andretti’s application to join the sport’s racing grid with a…
Senators Seek Antitrust Probe of F1 Over Rejecting Michael Andretti Team
A bipartisan group of senators led by Amy Klobuchar urged the Justice Department to investigate whether Formula 1 is violating US antitrust laws for rejecting a bid by Michael Andretti to join the multibillion-dollar motor racing series.
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- 38% of the sources lean Left, 38% of the sources are Center
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