this post was submitted on 08 Aug 2024
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Formula 1

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[โ€“] TheGrandNagus@lemmy.world 7 points 10 months ago (1 children)

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"

[โ€“] mimosabuttler@lemmy.world 2 points 10 months ago (1 children)

Oh no! How can F1 survive without the US?! /s

[โ€“] TheGrandNagus@lemmy.world 5 points 10 months ago* (last edited 10 months ago)

Of course they could. But Liberty loves money, and they see the US as a growth market (a wealthy one too), so they'd probably capitulate.