Liberty Media has announced that it is facing an investigation by the US Department of Justice over rejecting Andretti Global’s Formula 1 bid.CEO Greg Maffei confirmed in a quarterly earnings call that the company owning Formula 1 is officially being probed by the justice department’s Antitrust Division over the legality of F1 refusing entry to Michael Andretti’s team.Partnering General Motors …Keep reading

Link to original post https://www.motorsport.com/f1/news/f1-owner-liberty-media-anti-trust-probe-andretti-rejection/10643128/?utm_source=RSS&utm_medium=referral&utm_campaign=RSS-ALL&utm_term=News&utm_content=www from Teknoids News

Read the original story