Senators call on Justice Department and FTC to investigate Formula 1 for rejecting Andretti Global
Business,Economy And Jobs,Antitrust,US Senate,Amy Klobuchar,Bipartisanship,Sports
A bipartisan group of influential senators is calling on the Biden administration to investigate Formula 1 over its decision to reject Andretti Global from racing on the grid in the coming years, suggesting the sport may be violating American antitrust law as it grows its U.S. fan base.
They made the request in a letter sent Tuesday and viewed by NBC News, which was led by Sen. Amy Klobuchar, D-Minn., the chair of the Judiciary subcommittee on antitrust, and joined by the panel’s ranking member, Sen. Mike Lee, R-Utah.
The letter is addressed to Jonathan Kanter, the assistant attorney general for the Justice Department’s Antitrust Division, and Lina Khan, the chair of the Federal Trade Commission — two entities that share enforcement of antitrust law.
