Earlier this year Formula One Management (FOM), the commercial rights holders for Formula One, denied a prospective bid from Andretti Motorsport and General Motors (Andretti) to join the F1 grid. Now a group is seeking answers regarding that denial.
Members of the United States Congress.
In a letter directed to Gregory Maffei, President and CEO of Liberty Media Corporation — the company that owns F1 — four members of Congress are expressing “concerns with apparent anti-competitive actions that could prevent two American companies, Andretti Global and General Motors (GM), from producing and competing in Formula 1.”
In addition, the members of Congress assert that the rejection “ … appears
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