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 »
9mo 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...
9mo ago from MotorsportWeek.com
Mercedes: ‘Zeropod' F1 concept could have worked...
Mercedes believes that the team's infamous ‘zeropod' car concept...
9mo 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...
9mo ago from MotorsportWeek.com
Mercedes reveals what it will miss about Hamilton's F1...
Mercedes' Trackside Engineering Director Andrew Shovlin has said he'll...
9mo ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Johann Zarco reveals when he ‘began to believe'...
Johann Zarco reveals he “began to believe” he could win his home...
1d ago from MotorsportWeek.c...
Toprak Razgatlioglu secures Most WorldSBK Race 1...
Toprak Razgatlioglu was a cut above the rest by securing victory in Race...
1d ago from MotorsportWeek.c...
Jorge Martin pushing for early Aprilia exit;...
No description available...
6d ago from Motorsport.com
Raul Fernandez: “I don’t race for money – I race...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
Scott McLaughlin damages the track and wall in heavy...
No description available...
3h ago from Motorsport.com
Josef Newgarden, Will Power fail inspection, do not...
The Top 12 qualifying session for the Indianapolis 500 was much more...
57m ago from MotorsportWeek.c...
Why rookie Robert Shwartzman calls Indy 500 qualifying...
No description available...
2h ago from Motorsport.com
Penske cars fail qualifying inspection, won't be...
No description available...
1h ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier laments “most demanding” rally...
No description available...
3h ago from Motorsport.com
WRC Portugal: Sebastien Ogier claims record-extending...
No description available...
7h ago from Motorsport.com
Sebastian Ogier leads in Portugal as Ott Tanak suffers...
Sébastien Ogier was a surprise overnight leader at Vodafone Rally de...
1d ago from MotorsportWeek.c...
Rally Portugal: Sebastien Ogier leads WRC field as Ott...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta hints at double Arsenal transfer exit as...
Mikel Arteta hints at two imminent Arsenal exits following the Gunners'...
37m ago from SportsMole.co.uk
'Plan to invest' and 'More to come' - so what does...
During this season, Patrice Evra said something about Arsenal that went...
57m ago from SkySports.com
Arsenal 1-0 Newcastle: Highlights, man of the match,...
Arsenal confirm their place in next season's Champions League as Declan...
4h ago from SportsMole.co.uk
Arsenal working to get Mikel Arteta's 58 million dream...
Arsenal are reportedly working on signing Nico Williams this summer. Mikel...
2h ago from SportsKeeda.com
Comments
Hottest News
F1 News Today: Hamilton drama in Imola as F1 star hit by...
McLaren's dominance was toppled by Max Verstappen... Read More »
4h ago from GPFans.com
FIA announce penalty verdict for Ferrari star after late...
Ferrari driver Charles Leclerc has been handed a... Read More »
4h ago from GPFans.com
Alonso delivers furious PUNCH after F1 rival frustration
Fernando Alonso’s frustration boiled to the... Read More »
1h ago from GPFans.com
