Justice Department opens investigation into Liberty Media over F1 Andretti clash

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Justice Department opens investigation into Liberty Media over F1 Andretti clash
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Sahil Kapur is a senior national political reporter for NBC News.

The U.S. Department of Justice has opened an antitrust investigation into Liberty Media, the American company that owns the commercial rights to Formula 1, over its refusal to admit the U.S. racing team Andretti Global into the sport. That’s according to Liberty Media, which notified investors about the inquiry in an official form.

The investigation was requested in May by a group of senators, led by Amy Klobuchar, D-Minn., who said they were “concerned” that Formula 1 may be violating U.S. antitrust law by helping the largely European rival teams, “including foreign automakers,” to block competition from Andretti Global, which has teamed up with the Michigan-based GM and Cadillac to build its power unit.

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