Liberty Media confirms Justice Department investigation over Formula 1 World Championship spat

FILE - Michael Andretti attends a news conference for the IndyCar Grand Prix of Long Beach auto race, Saturday, April 15, 2023 in Long Beach, Calif.

FILE - Michael Andretti attends a news conference for the IndyCar Grand Prix of Long Beach auto race, Saturday, April 15, 2023 in Long Beach, Calif. (AP Photo/Jenna Fryer, File)


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Liberty Media, owner of Formula One Group, is confirming that it is under investigation by the Justice Department for denying Andretti Global entry into the Formula 1 World Championship. On Thursday Liberty Media CEO Greg Maffei confirmed during a conference call that the Justice Department has opened an investigation. "We intend to fully cooperate with that investigation, including any related request for information," he said.

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