this post was submitted on 08 Aug 2024
37 points (97.4% liked)

Formula 1

8987 readers
253 users here now

Welcome to Formula1 @ Lemmy.world Lemmy's largest community for Formula 1 and related racing series


Rules


  1. Be respectful to everyone; drivers, lemmings, redditors etc
  2. No gambling, crypto or NFTs
  3. Spoilers are allowed
  4. Non English articles should include a translation in the comments by deepl.com or similar
  5. Paywalled articles should include at least a brief summary in the comments, the wording of the article should not be altered
  6. Social media posts should be posted as screenshots with a link for those who want to view it
  7. Memes are allowed on Monday only as we all do like a laugh or 2, but don’t want to become formuladank.

Up next


F1 Calendar

2024 Calendar

Location Date
πŸ‡ΈπŸ‡¬ Singapore 20-22 Sep
πŸ‡ΊπŸ‡Έ United States 18-20 Oct
πŸ‡²πŸ‡½ Mexico 25-27 Oct
πŸ‡§πŸ‡· Brazil 01-03 Nov
πŸ‡ΊπŸ‡Έ United States 21-23 Nov
πŸ‡ΆπŸ‡¦ Qatar 29 Nov-01 Dec
πŸ‡¦πŸ‡ͺ Abu Dhabi 06-08 Dec

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] mimosabuttler@lemmy.world 0 points 1 month ago (3 children)

Is Liberty Media registered in the US?

[–] TheGrandNagus@lemmy.world 7 points 1 month ago (1 children)

It's a bit complicated. Liberty Media is, Formula One Management (a subsidiary) isn't.

I imagine they will argue that in the same way the US can't regulate McDonald's UK subsidiary, the US can't regulate FOM.

However the US could say "ok well no more US races until you let more US teams join"

[–] mimosabuttler@lemmy.world 2 points 1 month ago (1 children)

Oh no! How can F1 survive without the US?! /s

[–] TheGrandNagus@lemmy.world 4 points 1 month ago* (last edited 1 month ago)

Of course they could. But Liberty loves money, and they see the US as a growth market (a wealthy one too), so they'd probably capitulate.

[–] Rapidcreek@lemmy.world 4 points 1 month ago

It doesn't matter. They do business here. Ask FIFA, which is incorporated in Austria. But, yes, Liberty is a US company whose stock you can buy on the NYSE