this post was submitted on 04 Sep 2024
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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 1 week ago by [email protected] to c/[email protected]
9 comments fedilink hide all child comments
 

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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[–] [email protected] 7 points 1 week ago

MbS really tried to play with the big boys in F1 and got 100% wrecked. Nothing went the way he wanted and now he has even less power over the series.

Good job, president!

[–] [email protected] 5 points 1 week ago (2 children)

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.

Wouldn't this also set a huge precedent for Andretti?

[–] [email protected] 5 points 1 week ago (1 children)

I think that the FIA approved Andretti (it's F1/liberty blocking them), so probably not

[–] [email protected] 3 points 1 week ago

You're completely correct, my coffee hadn't kicked in yet and I didn't read the headline properly, thought it referred to FOM.

[–] [email protected] 3 points 1 week ago (1 children)

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.

[–] [email protected] 3 points 1 week ago* (last edited 1 week ago) (2 children)

FOM/Liberty is not an EU company, but they are being investigated over non-compete/monopoly by the American DOJ I believe.

[–] [email protected] 1 points 1 week ago

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.

[–] [email protected] 1 points 1 week ago (1 children)

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

[–] [email protected] 1 points 1 week ago

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