The latest twist in the ongoing saga regarding the prospective Andretti-Cadillac Formula 1 team?
A United States Department of Justice antitrust investigation.
Greg Maffei, the CEO of Liberty Media — the company that owns F1 — confirmed that fact during a conference call Thursday.
“This morning, we announced that there is a DOJ investigation,” Greg Maffei said during an investor call Thursday.
“We intend to fully cooperate with that investigation, including any related requests for information. Our determination, F1 determination, was in compliance with all applicable US antitrust laws, and we’ve detailed the rationale for our decision vis a vis Andretti in prior statements.”
Earlier this year
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