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The U. S. Congress has written to Formula 1 asking for explanations for its decision to reject Andretti’s offer to sign up for the grid until 2028 at the earliest.
The letter, signed by a dozen members of Congress, raised “concerns about obvious anti-competitive moves that could save two U. S. companies, Andretti Global and General Motors (GM), from generating and competing in Formula One. “
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Andretti’s hopes of an F1 team as part of a technical component bearing the GM Cadillac logo in 2025 or 2026 were dashed through the Formula One Direction (FOM) earlier this year.
The bid had already been approved by motorsport’s governing body, the FIA, although Andretti needed an advertising rights deal with FOM to compete.
In rejecting the offer, F1 said Andretti would not be competitive in such a short time or raise the price of the championship.
F1 has left the door open for Andretti to enter until 2028 if it can convince General Motors to build its own engine and not just as a technical partner.
Mario Andretti, the 1978 world champion and son of team leader Michael Andretti, traveled to the Capitol on Wednesday to the letter.
Ahead of Sunday’s Miami Grand Prix, the letter posed three questions that needed to be answered.
“According to the Concorde Agreement, the governing framework of Formula 1, up to 12 groups can participate. Currently, 10 groups compete in Formula 1 races. Previously, the FIA had introduced and carried out an extensive tendering procedure with the aim of allowing one or more potential groups to participate. Andretti Global, in combination with her spouse GM, submitted an application, and after receiving 4 applications, the FIA approved Andretti Global. Under what authority does FOM reject Andretti Global’s admission?Rejection, especially when it comes to Andretti Global and its GM spouse, who could be the first race team built and built in the U. S. ?Is there a U. S. economy?
“The Sherman Antitrust Act of 1890 prohibits unreasonable restrictions on festivals in the marketplace in order to produce bottom lines for the American consumer. How is the rejection of FOM through Andretti Global and GM, the U. S. companies, compatible with the needs of the Sherman Act, since the resolution will benefit the compatibility of the incumbents: the European racing groups and their foreign automobile production subsidiaries?
“We sense that GM intends to reintroduce its Cadillac logo to the European market, which would eliminate thousands of good-paying U. S. jobs in the auto industry, especially given Formula 1’s global audience and its halo effect on its groups and sponsors. To what extent has GM’s access to Andretti to motorsports through a percentage of the racing market and GM’s access to the European market through a percentage of the racing market influenced the decision to deny admission to the Andretti Global team, given the public outcry from current Formula 1 groups opposed to a new American competitor?”