U.S. Senators Demand Investigation into Formula 1's Rejection of Andretti-Cadillac Team
Bipartisan group questions if F1's decision violates antitrust laws and protects European teams from American competition.
- Mario Andretti claims Liberty Media CEO personally vowed to block his son's team from entering F1.
- F1's commercial rights holders argue Andretti-Cadillac would not be competitive or add value.
- Senators urge DOJ and FTC to investigate possible anti-competitive practices by F1.
- Andretti-Cadillac's bid was approved by FIA but rejected by Formula One Management.
- Pat Symonds, former F1 CTO, joins Andretti-Cadillac, bolstering their bid.