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European Commission urged to launch probe into F1 sale
It is little more than two weeks since Liberty Media announced its plan to take over Formula One from the investment fund CVC yet the deal is already facing perhaps its biggest roadblock according to an article in the Daily Telegraph by Christian Sylt. It has emerged that a senior politician has written to the head of Europe's anti-competition authority calling for an investigation into the £3.3 billion sale due to an alleged conflict of interest. The politician is Anneliese Dodds, the member of the European Parliament for the south east of England, and her name will be familiar to regular Pitpass readers. That is because she has been looking into allegations of anti-competition in...
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7y ago from Pitpass.com
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