Anna Moneymaker/Getty Images(WASHINGTON) A group of bipartisan members of Congress are demanding answers from Formula 1 owner Liberty Media over why a U.S.-based team backed by racing legend Mario Andretti was excluded from the most prestigious motor racing series in the world.The FIA, which is Formula 1 s governing body, initially accepted Andretti Global s push to join the grid. However, Formula One Management (FOM), the commercial rights holder of the sport, denied Andretti s planned entry in the sport, stating the team could not be competitive in time for upcoming races. F1 cited several competitive concerns, and stated that "the presence of an 11th team would not, in and of itself, provide value to the championship."In a letter to Liberty president and CEO Greg Maffei, the 12 U.S. representatives said they have "concerns with the apparent anti-competitive actions that could prevent two American companies, Andretti Global and General Motors (GM), from producing and
A dozen U.S. Congress members wrote a letter to Formula 1 on Wednesday formally requesting an explanation over its decision to reject Michael Andretti's bid to own a team until at least the 2028 season.
Members of the U.S. Congress have written a letter addressed to Liberty Media CEO Greg Maffei to express “concerns with apparent anti-competitive actions” that could stop Andretti Global’s bid to enter Formula 1.