U.S. Congress Intervenes in Andretti's Bid to Join Formula 1
Bipartisan group of lawmakers challenge F1's rejection of Andretti Global, citing potential antitrust violations.
- A bipartisan group of U.S. Congress members has sent a letter to Liberty Media expressing concerns over anti-competitive actions preventing Andretti Global from joining Formula 1.
- The letter questions the rejection under the Sherman Antitrust Act, suggesting it unfairly protects European teams and could harm American businesses.
- Andretti Global, partnered with General Motors, aims to bring American innovation and competition to the global racing stage.
- The congressional intervention highlights growing U.S. interest in Formula 1, spurred by an expanding American fan base.
- Andretti Global continues its preparations for entry into F1, despite previous rejections, with significant investments in personnel and facilities.