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 »
8mo 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...
8mo ago from MotorsportWeek.com
Mercedes: ‘Zeropod' F1 concept could have worked...
Mercedes believes that the team's infamous ‘zeropod' car concept...
8mo 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...
8mo ago from MotorsportWeek.com
Mercedes reveals what it will miss about Hamilton's F1...
Mercedes' Trackside Engineering Director Andrew Shovlin has said he'll...
8mo ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
LCR boss reveals Honda is ‘more determined than...
LCR team owner Lucio Cecchinello has revealed that Honda is "more...
1d ago from MotorsportWeek.c...
Francesco Bagnaia explains ‘weak point' that...
Factory Ducati rider Francesco Bagania explained his "weak...
1w ago from MotorsportWeek.c...
Yamaha officially begins testing of V4 MotoGP engine
Yamaha technical director Max Bartolini has confirmed the MotoGP factory...
3d ago from MotorsportWeek.c...
Injured MotoGP champion Jorge Martin released from...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
What is IndyCar's Rookie Orientation Program, and how...
No description available...
1h ago from Motorsport.com
Arrow McLaren unveils new themed liveries for Indy 500
Arrow McLaren has unveiled a trio of special liveries for the upcoming...
1d ago from MotorsportWeek.c...
Arrow McLaren steps outside of the all-Papaya livery...
No description available...
1d ago from Motorsport.com
IndyCar sees 50% viewership drop on FOX after going...
No description available...
1w ago from Motorsport.com
Popular On TotalWRC.com
M-Sport chief Malcolm Wilson nominated as FIA deputy...
Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...
4h ago from MotorsportWeek.c...
Malcolm Wilson nominated as new FIA deputy...
No description available...
5h ago from Motorsport.com
FIA swearing standoff cools as stage-end interviews...
No description available...
22h ago from Motorsport.com
Popular On GunnersToday.com
'Expected to leave' – Fabrizio Romano reveals...
Arsenal midfielder Jorginho is reportedly still expected to leave the club...
1h ago from CaughtOffside.com
'On top of it' – Mikel Arteta issues encouraging...
Arsenal manager Mikel Arteta seems relaxed about Bukayo Saka's future at...
2h ago from CaughtOffside.com
Andrea Berta being tasked with finalising major...
Arsenal's new sporting director Andrea Berta is being tasked with...
1h ago from CaughtOffside.com
Arsenal hold talks with the agent of France...
Arsenal are reportedly in advanced discussions to sign Bayern Munich...
1h ago from CaughtOffside.com
Comments
Hottest News
Team boss reveals Adrian Newey doesn't come to meetings or...
Aston Martin team principal Andy Cowell has... Read More »
3h ago from GPFans.com
Newey, Stroll relationship already tense – Doornbos
Apr.23 Tension may already be creeping into... Read More »
4h ago from OneStopStrategy.com
Ferrari reveals timeline for key upgrade amid qualifying...
Ferrari team principal Fred Vasseur has confirmed... Read More »
32m ago from F1i.com
