The FIA has agreed to arbitration with Hitech GP over rejecting their F1 entry and will likely have to pay a large amount in compensation (from Joe Saward's "the green notebook"). (files.catbox.moe)

submitted 2 months ago by Microw@lemm.ee to c/formula1@lemmy.world

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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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[-] Microw@lemm.ee 1 points 2 months ago

FOM is located in the UK, so neither EU nor US. Liberty who owns FOM is a US company afaik.

[-] Coelacanth@feddit.nu 1 points 2 months ago

Liberty being US based seems to be sufficient for the Justice Department to at least take the case. ^[1]

this post was submitted on 04 Sep 2024

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