News Details
Liberty Media hit with anti-trust probe over Andretti F1 block
© XPB Phillip van Osten
09/08/2024 at 08:4309/08/2024 at 09:04 Formula 1 owner Liberty Media is facing a potential legal showdown with the US Department of Justice after confirming an antitrust investigation into its decision to reject Andretti Global's bid to join Grand Prix racing’s ranks. The antitrust probe was confirmed on Thursday by Liberty Media CEO Greg Maffei during the company’s quarterly earnings conference call with Wall Street analysts. Andretti Global, backed by General Motors' Cadillac brand, has been aggressively pursuing an F1 entry, establishing a base in Silverstone and hiring key personnel, including former F1 technical director Pat Symonds. While the...
Full Story »
Full Story »
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...
2mo ago from MotorsportWeek.com
Liberty Media investigated by US Justice department...
Liberty Media, owner of Formula One Group, confirmed that it is under...
2mo ago from GrandPrix247.com
Haas stresses importance of trust and clarity for Ocon...
© XPB Phillip van Osten
08/08/2024 at 16:0808/08/2024 at 15:29...
2mo ago from F1i.com
F1 owner guilty? Justice Department in US opens...
The rejection of Andretti-Cadillac will have another chapter for Liberty...
2mo ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Should MotoGP reconsider its emphasis on sprint races?
No description available...
12h ago from Motorsport.com
Bastianini left “angry” after distant Malaysian GP...
No description available...
12h ago from Motorsport.com
Quartararo explains why he's the Yamaha's traction...
No description available...
14h ago from Motorsport.com
Australia’s Jack Miller ‘lucky’ to survive...
t;li>‘I ran over his legs and I was worried for him,’ says Joan...
1d ago from TheGuardian.com
Popular On IndyCarToday.com
Enzo Fittipaldi to run IndyCar test with McLaren later...
Arrow McLaren has announced that it will place Enzo Fittipaldi in one of...
3d ago from MotorsportWeek.c...
Enzo Fittipaldi to test with Arrow McLaren this month
No description available...
3d ago from Motorsport.com
Ganassi finalizes IndyCar lineup, confirms Kyffin...
Chip Ganassi Racing announced its full 2025 IndyCar line-up on Wednesday,...
5d ago from MotorsportWeek.c...
O’Ward sees Arlington race as a test for the future...
No description available...
5d ago from Motorsport.com
Popular On TotalWRC.com
A Farewell Message from The Checkered Flag
After 15 years of motorsport coverage, TheCheckeredFlag.co.uk announces...
3d ago from TheCheckeredFlag...
Friday favourite: When a burly Skoda challenged the...
No description available...
3d ago from Motorsport.com
Didier Auriol entering Rally Japan, first WRC start...
1994 World Rally Champion Didier Auriol will run the 2024 season finale in...
6d ago from TheCheckeredFlag...
Popular On GunnersToday.com
Arsenal star linked with a move to surprise Premier...
No description available...
3h ago from SportsKeeda.com
'I win trophies' – Arsenal fans won't like what...
Jamie Carragher has doubled down on his stance that Mikel Arteta's Arsenal...
8h ago from CaughtOffside.com
Arsenal transfer news: Edu's shock exit, Gyokeres and...
Edu’s shock exit will have an impact on Arteta Edu’s imminent...
7h ago from CaughtOffside.com
Arsenal star subject of staggering £80m offer from...
No description available...
11h ago from SportsKeeda.com
Comments
Hottest News
Red Bull team DEMOTED after FIA confirmation
A Red Bull Formula 1 team has been dealt a... Read More »
12h ago from GPFans.com
FIA confirm Red Bull inspection as team face $50 MILLION...
The FIA have confirmed their inspection of Max... Read More »
6h ago from GPFans.com
Remarkable and ironic social post from Damon Hill after...
Damon Hill has made a somewhat ironic post on... Read More »
21h ago from GPBlog.com
