U.S. Senators call for DOJ, FTC to investigate F1’s rejection of Andretti Global joining grid
Written by Black Hot Fire Network on May 21, 2024
Six U.S. senators have called for the Department of Justice and the Federal Trade Commission to investigate Formula One Management’s decision to reject Andretti’s bid to join the grid in 2025 or 2026.
According to a copy of the letter obtained by The Athletic, the bipartisan group of senators suggested, “it is possible that such a refusal to deal — especially if orchestrated through a group boycott could violate U.S. antitrust laws.”
The 10 teams do not have a say but have repeatedly voiced their concerns about the potential consequences . . .