this post was submitted on 01 May 2024
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Formula 1

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[–] Octavius@lemmy.world 4 points 6 months ago (2 children)

Or andretti made a considerable donation to their campaign ;)

[–] Rapidcreek@lemmy.world 11 points 6 months ago

As the article says, the Congressman from Michigan is involved. Michigan is the home of GM. GM is going to reintroduce the Cadillac name to Europe. GM is being excluded from marketing though F1. So, it's probably GM not Mario. Though, Mario has plenty of money.

[–] hsr@lemmy.dbzer0.com 3 points 6 months ago* (last edited 6 months ago) (2 children)

I don't know enough about American politics to know how much it costs to pay off a rep, but Mario racked up over $100,000 worth of donations to Republicans, and his daughter-in-law, Jodi Peterson, about $30,000 to both parties.

Edit: Mario is at $144k according to www.fec.gov

[–] Rapidcreek@lemmy.world 2 points 6 months ago

It's been said that old Mario made twice as much money trading stock than he did racing cars. He was better at it than his twin brother Aldo, who was a very successful stock broker.

[–] Alto@kbin.social 2 points 6 months ago

I can't remember what the exact numbers were, but that last time I saw someone put together charts of "oh this company gave $X to Reps A, B, and C, and they all backed this law, hm", it was something depressingly low, like 25k.