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submitted 2 months ago by Microw@lemm.ee to c/formula1@lemmy.world

Hitech seems to be arguing that the FIA has no authority to accept/reject entries based on commercial factors, but rather only based on safety and regulation factors.

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[-] Coelacanth@feddit.nu 3 points 2 months ago* (last edited 2 months ago)

FOM/Liberty is not an EU company, but they are being investigated over non-compete/monopoly by the American DOJ I believe.

[-] Microw@lemm.ee 1 points 2 months ago

FOM is located in the UK, so neither EU nor US. Liberty who owns FOM is a US company afaik.

[-] Coelacanth@feddit.nu 1 points 2 months ago

Liberty being US based seems to be sufficient for the Justice Department to at least take the case. ^[1]

[-] f1ip@lemmy.world 1 points 2 months ago

Yeah, but they do conduct a lot of business in Europe, so if Andretti could get them interested, the EU could certainly get involved. FOM would certainly fight it on jurisdiction, but I would like to see that one play out.

this post was submitted on 04 Sep 2024
27 points (96.6% liked)

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