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Nature of Liberty Media's Response to Congress by May 3
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John James•Liberty Media•Andretti Global•Jim Jordan•Ohio•Jared Moskowitz•Dan Kildee•Formula One Management•European•Mario Andretti•General Motors•F1
Resolution / Starting Odds
Full explanation and justification • 33%
Partial response with limited details • 33%
No response or refusal to comment • 33%
Official communications or statements from Liberty Media.
Story
U.S. Congress Demands F1 Response by May 3 on Andretti Exclusion
May 1, 2024, 10:39 PM
A bipartisan group of twelve U.S. Congress members, led by Rep. John James (R-Mich.), has sent a letter to Liberty Media, the owner of Formula 1, demanding explanations for the exclusion of Andretti Global from the prestigious racing series. The letter, supported by notable figures such as Reps. Jim Jordan (R-Ohio), Jared Moskowitz (D-Fla.), and Dan Kildee (D-Mich.), accuses Formula One Management of potentially violating U.S. antitrust laws and succumbing to the influence of European race teams. They have requested a response by May 3. Andretti Global, backed by racing legend Mario Andretti and in partnership with General Motors, expressed gratitude for the congressional support against what it describes as anti-competitive behavior, reaffirming its commitment to establishing the first U.S. works team in F1.
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No action taken • 33%
Advisory issued • 33%
Disciplinary action recommended • 34%
Full Denial of Allegations • 25%
Partial Admission and Settlement • 25%
Full Admission and Apology • 25%
No Response • 25%
Recusal from specific cases • 25%
Public statement addressing issues • 25%
Resignation from the Supreme Court • 25%
No significant action • 25%
Fully comply • 33%
Partially comply • 33%
Do not comply • 34%
Support final offer • 33%
Oppose final offer • 33%
Request further revision • 34%
Full denial of allegations • 25%
Partial acknowledgment of issues • 25%
Full acknowledgment of misuse • 25%
No public response • 25%
Legislation limiting FTC powers • 25%
Public hearings held • 25%
No significant action • 25%
Resolution supporting FTC • 25%
Further Extensions • 25%
Additional Restrictions • 25%
Bill Fails • 25%
No Further Action • 25%
Negotiation for extended compliance timeline • 25%
Immediate imposition of maximum fines • 25%
Legal actions initiating further investigations • 25%
No further action • 25%
Accepts decision without public objection • 25%
Criticizes the decision publicly • 25%
Attempts to modify the agreement • 25%
Takes other legal actions • 25%
Hold a rally • 25%
File another lawsuit • 25%
Launch a public awareness campaign • 25%
No significant action • 25%
No major issues found • 33%
Minor issues and recommendations • 33%
Major issues and significant recommendations • 34%