• TheGrandNagus@lemmy.world
          link
          fedilink
          English
          arrow-up
          7
          ·
          3 months ago

          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”

        • Rapidcreek@lemmy.world
          link
          fedilink
          arrow-up
          4
          ·
          3 months ago

          It doesn’t matter. They do business here. Ask FIFA, which is incorporated in Austria. But, yes, Liberty is a US company whose stock you can buy on the NYSE

    • Atin@lemmy.world
      link
      fedilink
      arrow-up
      4
      ·
      3 months ago

      Apparently it’s mostly because Greg Maffei doesn’t want Michael Andretti back in F1.

  • FrostyTrichs@walledgarden.xyz
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    3 months ago

    So we are meant to believe a dysfunctional and combative US government is going to somehow swoop in to solve some F1 drama? Yeah I don’t think so.