Bipartisan congressional members raise anti-competitive concerns over Mario Andretti’s F1 rejection

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Bipartisan congressional members raise anti-competitive concerns over Mario Andretti’s F1 rejection
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Mario Andretti visited Capitol Hill this week after the letter was sent and met with Rep. John James (R-Mi), one of the 12 signees.

A bipartisan group of congressional members sent a letter to Liberty Media president and CEO Greg Maffei, raising “concerns with apparent anti-competitive actions that could prevent two American companies, Andretti Global and General Motors , from producing and competing in .” Mario Andretti visited Capitol Hill this week after the letter was sent and met with Rep. John James , one of the 12 signees. F1, IndyCar and NASCAR driver Mario Andretti speaks on Capitol Hill alongside Rep.

The congressional bipartisan group felt “FOM’s rejection appears to be driven by the current line-up of European Formula 1 race teams, many of which are affiliated with foreign automobile manufacturers that directly compete with American automotive companies like GM.” They argued in the letter that “it is unfair and wrong to attempt to block American companies from joining Formula 1, which could also violate American antitrust laws.

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