GM moving closer to F1 entry with revived Andretti bid
Business
A General Motors-backed bid to enter Formula One as an 11th team in 2026 is now looking more likely to succeed after being previously rejected, multiple sources said on Friday. Liberty Media-owned Formula One ruled out the Andretti bid in January, doubting it would be competitive or add value, but kept a door open for 2028 when GM would be able to provide an engine. The U.S. House of Representatives Judiciary Committee launched an investigation into possible "anticompetitive conduct". The
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