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Hitech seems to be arguing that the FIA has no authority to accept/reject entries based on commercial factors, but rather only based on safety and regulation factors.
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this post was submitted on 04 Sep 2024
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Wouldn't this also set a huge precedent for Andretti?
I think that the FIA approved Andretti (it's F1/liberty blocking them), so probably not
You're completely correct, my coffee hadn't kicked in yet and I didn't read the headline properly, thought it referred to FOM.
They might certainly try to use the same principle against FOM, but I think FOM's analysis is only on the commercial side, so it could be less useful. I have always thought that their best course of action would be using anti-competition arguments, especially because the EU is very strict about it. But maybe they also know that barging in using their lawyers would have long-lasting consequences in a sport where having friends is pretty important.
FOM/Liberty is not an EU company, but they are being investigated over non-compete/monopoly by the American DOJ I believe.
Yeah, but they do conduct a lot of business in Europe, so if Andretti could get them interested, the EU could certainly get involved. FOM would certainly fight it on jurisdiction, but I would like to see that one play out.
FOM is located in the UK, so neither EU nor US. Liberty who owns FOM is a US company afaik.
Liberty being US based seems to be sufficient for the Justice Department to at least take the case. ^[1]