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FIA denies conflict of interest in F1 sale to Liberty Media

The FIA has denied suggestions that it acted incorrectly by approving the sale of the F1 business to Liberty Media while benefiting from its own 1 percent stake in the business. British MEP Anneliese Dodds, who has regularly voiced her suspicions about anti-competitive practices in F1, recently put an extra focus on the sale, by successfully calling for approval for an investigation by the European Parliament, although it won't necessarily go ahead. She wrote: "There is also significant conflict of interest over the recent sale of the sport to Liberty Media, after the regulator received a $79.5million (£63.7m) profit from authorising the sale. "I have written a number of letters...
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7y ago from Motorsport.com 0
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