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What will be the outcome for Andretti-Cadillac's F1 bid by end of 2024?
3
Resolution / Starting Odds
Accepted into F1 • 25%
Rejected from F1 • 25%
Bid withdrawn • 25%
Other • 25%
Official announcements from Liberty Media, Andretti Global, or the U.S. Department of Justice
Story
Liberty Media Faces DOJ Antitrust Probe Over Andretti-Cadillac F1 Bid Rejection
Aug 9, 2024, 03:05 PM
Liberty Media, the owner of Formula 1, is under investigation by the U.S. Department of Justice for potential antitrust violations related to its rejection of Andretti Global's bid, including Andretti-Cadillac, to join the F1 series. This investigation follows a series of letters from U.S. Congress members and a request from U.S. senators to the Biden Administration to examine whether the rejection violated antitrust laws. Liberty Media acknowledged the investigation during an earnings call, stating that it is not opposed to expansion and will cooperate fully with the DOJ's inquiry.
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Yes • 50%
No • 50%
Yes • 50%
No • 50%
Michael Andretti • 25%
Zak Brown • 25%
Christian Horner • 25%
Other • 25%
1st-5th • 25%
6th-10th • 25%
11th-15th • 25%
16th or lower • 25%
USA • 25%
UK • 25%
Italy • 25%
Other • 25%
USA Grand Prix • 25%
Monaco Grand Prix • 25%
British Grand Prix • 25%
Other • 25%
