Republican Congressman for Michigan John James – who represents an area that is synonymous with General Motors – took part in a press conference outside the US Capitol in Washington on Wednesday alongside Mario Andretti, 1978 Formula 1 world champion and patriarch of the Andretti Global team.
“One can ask: Is Formula 1, is Liberty Media kicking the can down the road to get a more juicy deal for themselves, so that they can go from $200 million to $1 billion dollars extracted from Andretti-Cadillac. “Meanwhile, the commitment has been shown by Andretti-Cadillac, I think, to the tune of millions of dollars a month in preparing for the standards of complying with everything. “We hope that we can resolve this to do business together for our mutual benefit, but particularly for America.
Source: Law Daily Report (lawdailyreport.net)
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