Overview

• Liberty Media confirmed the DOJ investigation during a recent earnings call, pledging full cooperation.
• Andretti Global's bid, backed by General Motors and Cadillac, was approved by the FIA but rejected by F1.
• Concerns were raised by U.S. Congress members about potential violations of antitrust laws and the fairness of the decision.
• F1 cited doubts about Andretti's competitiveness and commercial value as reasons for the rejection.
• Liberty Media maintains that its decision complied with U.S. antitrust regulations.