Overview
- The House Judiciary Committee, led by Rep. Jim Jordan, demands documents and a briefing from F1 executives regarding the denial of Andretti Cadillac's entry.
- Andretti Global, backed by GM, had its F1 bid approved by FIA but rejected by Formula One Management, raising questions about the fairness of the decision.
- Lawmakers argue that limiting F1 team entries could harm consumers by driving up costs and stifling competition.
- The rejection is seen as financially motivated, with current teams fearing revenue dilution ahead of the Concorde Agreement's expiration.
- Despite the setback, Andretti continues to develop its F1 team and car, aiming for future grid inclusion.