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 »
2mo 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...
3mo ago from MotorsportWeek.com
Mercedes: ‘Zeropod' F1 concept could have worked...
Mercedes believes that the team's infamous ‘zeropod' car concept...
2mo 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...
3mo ago from MotorsportWeek.com
Mercedes reveals what it will miss about Hamilton's F1...
Mercedes' Trackside Engineering Director Andrew Shovlin has said he'll...
2mo ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Why retiring Aleix Espargaro can take pride in his...
No description available...
4h ago from Motorsport.com
How Martin will follow in Rossi's footsteps if he wins...
No description available...
5h ago from Motorsport.com
Stoner: Marquez/Bagnaia rivalry will be decided by who...
No description available...
11h ago from Motorsport.com
Dani Pedrosa pens one-year extension as KTM MotoGP...
Dani Pedrosa has signed a new one-year deal to remain as Red Bull KTM's...
7h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
AJ Foyt technical director Michael Cannon leaves team
Michael Cannon, AJ Foyt Racing’s revered engineer and technical...
2h ago from MotorsportWeek.c...
The testing parity problems plaguing the most...
No description available...
1h ago from Motorsport.com
Chip Ganassi Racing announces driver development...
Chip Ganassi Racing has launched a new driver development program, which...
4d ago from MotorsportWeek.c...
Shwartzman makes IndyCar switch with Prema for 2025
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
Hyundai's 2025 WRC car will feature "reasonable...
No description available...
1d ago from Motorsport.com
What Lancia needs to do to transform its rally return...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Manchester United transfer news: Amorim 'suffers...
New Manchester United manager Ruben Amorim suffers a blow in his pursuit...
38m ago from SportsMole.co.uk
Arsenal transfer news: Arteta 'determined to...
Arsenal manager Mikel Arteta is reportedly seeking to strengthen his...
1h ago from SportsMole.co.uk
William Gallas claims Arsenal have no chance of...
No description available...
2h ago from SportsKeeda.com
Premier League title race: Man City told why Liverpool...
Sports Mole and Man City expert Steven McInerney discuss why the Citizens...
1h ago from SportsMole.co.uk
Comments
Hottest News
Newey and Aston Martin twist as shock IMMEDIATE exit...
Formula 1 team Aston Martin have made a shock... Read More »
3h ago from GPFans.com
MAJOR Mercedes change announced in official statement
A significant change involving Mercedes Formula 1... Read More »
4h ago from GPFans.com
Horner tipped over F1 star's STUNNING Red Bull return in...
A former Formula 1 driver has called on Christian... Read More »
1h ago from GPFans.com