this post was submitted on 08 Aug 2024
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Formula 1

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[–] Rapidcreek@lemmy.world 5 points 3 months ago (6 children)

Then the DOJ will charge them with anti trust violations.

[–] mimosabuttler@lemmy.world 0 points 3 months ago (5 children)

Is Liberty Media registered in the US?

[–] TheGrandNagus@lemmy.world 7 points 3 months ago (2 children)

It's a bit complicated. Liberty Media is, Formula One Management (a subsidiary) isn't.

I imagine they will argue that in the same way the US can't regulate McDonald's UK subsidiary, the US can't regulate FOM.

However the US could say "ok well no more US races until you let more US teams join"

[–] mimosabuttler@lemmy.world 2 points 3 months ago (1 children)

Oh no! How can F1 survive without the US?! /s

[–] TheGrandNagus@lemmy.world 5 points 3 months ago* (last edited 3 months ago)

Of course they could. But Liberty loves money, and they see the US as a growth market (a wealthy one too), so they'd probably capitulate.

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