F1 owner Liberty Media facing anti-trust probe over Andretti rejection

Summary

• Liberty Media is under investigation by the US Department of Justice for rejecting Andretti Global’s Formula 1 bid
• F1 refused entry to Andretti due to concerns about competitiveness and prize pool sharing
• CEO Greg Maffei confirmed the probe and stated they would cooperate, believing F1’s decision was in compliance with antitrust laws
• FIA and Liberty Media are open to expansion if criteria are met