Bipartisan Lawmakers Question Exclusion of Racing Legend’s Brand From Formula 1

Published on May 3, 2024

A dozen members of Congress have alleged that Formula 1’s exclusion of a racing brand owned by racing legend Mario Andretti might violate U.S. antitrust law. Formula One Management (FOM), which is owned by American company Liberty Media, late last year rejected the Andretti application, but “work continues” by the organization to make it happen. Mr. Andretti last month officially opened the factory for his Formula 1 team in England and, along with General Motors officials, met with Formula 1. Although the meeting did not open warmly, Mr. Andretti said, he felt better about it by the time it ended. A second meeting is scheduled for this weekend in Miami....

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