A bipartisan group of senators has urged the U.S. Department of Justice and Federal Trade Commission to investigate whether Formula One’s rejection of the Andretti Formula Racing team violated federal antitrust law.
“(W)e are concerned that Formula One is acting at the behest of its independent teams and other ‘key stakeholders,’ including foreign automakers, to exclude the team formed by Andretti Formula Racing, LLC’s partnership with General Motors (“Team Andretti-Cadillac”) from entering the Formula One Championship series,” the senators wrote Tuesday in a letter to the federal agencies. “It is possible that such a refusal to deal—especially if orchestrated through a group boycott—could violate U.S. antitrust laws.”
