In a recent development, the FIA, the regulatory body of Formula 1, granted permission to Andretti Cadillac to become the 11th team in the championship. However, the Formula One Management (FOM) publicly stated that they see no value in this new American team. Determined, Andretti and General Motors are set on convincing the FOM otherwise, even going as far as establishing a new base in the UK.
Surprisingly, the United States Congress has now joined the dispute by sending a letter to Greg Maffei, head of Liberty, questioning the FOM’s decision to reject Andretti Cadillac’s proposal. This bipartisan letter, led by Congressman John James and signed by 12 members of Congress, accuses Liberty of engaging in “cartel-like behavior” by refusing Andretti’s entry into Formula 1.
The congressmen express their concerns about potential anti-competitive actions that could prevent two American companies, Andretti Global and General Motors, from participating and competing in Formula 1. They emphasize that this partnership would showcase American engineering and design skills, including the production of the only engine built and designed in the United States in the sport.
The letter highlights the fact that the FIA, as the sole entry authority in Formula 1, has already approved Andretti’s inclusion. It criticizes the FOM for apparently rejecting Andretti due to the influence of current European racing teams, many of which are affiliated with foreign car manufacturers that directly compete with American companies like General Motors. The congressmen argue that it is unfair and potentially violates US antitrust laws to block American companies from entering Formula 1. They claim that participation should be based on merit and not just to protect current racing teams.
Furthermore, the letter acknowledges the growing popularity of Formula 1 in the United States, with three races now being held there, including the upcoming Miami Grand Prix. The congressmen conclude by asking a series of questions to Liberty and FOM, demanding a response by May 3, 2024. They make it clear that they will continue to oversee this matter and work with federal regulators to ensure that any potential violations of US anticompetitive laws are thoroughly investigated and addressed.