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29 Nov 2024, 16:55 (Ref:4237006) | #751 | ||
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Yes but that was more about 'personal' stuff than about how he ran the FIA.
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29 Nov 2024, 17:48 (Ref:4237011) | #752 | ||
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It's still something that can be argued to be bringing the FIA and F1 into disrepute. And according to the FIA's own rules and protocols, even the FIA President isn't above the law of the land here. Be it personal matters that aren't a good look, or how he's running the sanctioning body.
And it does seem that some of these sackings and demotions are due to MBS' feelings being hurt when he gets questioned, and possibly an element of trying to surround himself with yes men (we know how well that worked for NASCAR with Brian France) and surround himself with allies that anyone who wants to seriously challenge him for FIA President next election would also have to go though. FIA (and for sure MBS) should maybe be glad that the EU isn't involved in this--yet. Considering that the US DOJ is suing Liberty Media (who own FOM, and have no other ties to the FIA--and as of yet Liberty are getting sued over matters not directly related to FOM), all I can say is that it's not a good look when you have governments looking into your goings on. Last edited by chernaudi; 29 Nov 2024 at 17:53. |
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29 Nov 2024, 18:00 (Ref:4237014) | #753 | |||
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I thought the DOJ was conducting an anti-trust investigation of Liberty Media, not suing them. |
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29 Nov 2024, 18:16 (Ref:4237015) | #754 | ||
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The DOJ's action against Liberty/Live Nation is classified as a civil anti-trust lawsuit. The DOJ and the FTC also had a similar lawsuit filed against Google last year that the FTC and the DOJ won. The 23XI and Front Row Motorsport vs NASCAR is also a civil anti-trust lawsuit.
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29 Nov 2024, 18:28 (Ref:4237016) | #755 | |||
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An anti-trust investigation is not the same as an anti-trust law suit. Every article I've read about this, says this is an investigation, e.g: https://racer.com/2024/08/09/liberty...on-by-u-s-doj/ |
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29 Nov 2024, 19:06 (Ref:4237018) | #756 | |||
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https://tentenths.com/forum/forumdisplay.php?f=109 |
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29 Nov 2024, 20:11 (Ref:4237026) | #757 | |
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29 Nov 2024, 20:17 (Ref:4237028) | #758 | |||
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That's the action over Andretti's rejection by FOM. The thing that the DOJ have successfully initiated with Liberty over Live Nation is a lawsuit--which, I believe, started out as a FTC/DOJ investigation. And both revolve around the same thing--anti-competitive monopolistic practices. Also it should be noted that Liberty Media itself and FOM under their control are publicly traded companies. When Bernie Eccostone owned FOM I believe that it was a UK limited company (and one branch of it was registered as a Dutch BV/BVBA company). A UK limited or a Dutch BV/BVBA is equal essentially to a privately held LLC in the US. At issue here is that publicly traded companies have to have certain financial assets and documents accessible to the public (potential stakeholders), let alone the government. That's why on the NASCAR front with the 23XI/FRM anti-trust suit either NASCAR thinks they can slam dunk this or if not, will try to settle (albeit under terms favorable to them), as NASCAR was a privately held incorporated company prior to 2019, and was reorganized into a private LLC that year. NASCAR can keep their books more closed, except in case of court or gov't intervention. Last edited by chernaudi; 29 Nov 2024 at 20:24. |
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29 Nov 2024, 21:11 (Ref:4237034) | #759 | ||||
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The following is culled from Joe Saward's latest piece after the Las Vegas race (my bold): Quote:
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29 Nov 2024, 21:14 (Ref:4237036) | #760 | |||
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The article mentions Andretti's application to join F1 being blocked by Liberty Media, in paragraph 7. However, the article is primarily about the DOJ's anti-trust investigation of Liberty Media, hence the headline. |
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30 Nov 2024, 01:44 (Ref:4237068) | #761 | ||
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And the court case (United States, et al v. Live Nation Entertainment and Ticketmaster) is a civil lawsuit filed by the DOJ and 29 US states and Washington DC. And it too came after a DOJ and FTC investigation. Why the DOJ feel they have to resort to the civil court system when anti-trust stuff can be considered a crime, I don't know. Maybe burden of proof (criminal law--proven guilty beyond a reasonable doubt, otherwise presumed innocent. Civil law--more likely than not guilty or innocent).
And most anti-trust issues end up in civil court vs criminal court, even if the anti-trust stuff is or at least boarders on being a crime under US Federal Law and often State Laws. The EU even looked into FOM for possible criminal and/or civil proceedings over Andretti's issues, but so far haven't taken any serious action. |
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30 Nov 2024, 11:27 (Ref:4237115) | #762 | |
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30 Nov 2024, 22:04 (Ref:4237194) | #763 | |||
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Until the DOJ have filed legal action against Liberty Media, for violating anti-trust laws, this remains an investigation. |
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30 Nov 2024, 22:19 (Ref:4237196) | #764 | |||
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Quote:
Quote:
Richard |
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To paraphrase Mark Twain... "I'm sorry I wrote such a long post; I didn't have time to write a short one." |
1 Dec 2024, 14:24 (Ref:4237252) | #765 | |
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https://www.motorsport.com/f1/news/b...ness/10678286/
MBS appears to be unaware that his position is an elected one, and to retain it he will likely need votes. Tells F1 drivers that how he runs the show is "none of their business". |
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1 Dec 2024, 15:12 (Ref:4237254) | #766 | ||
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Lots of quotes in there, none particularly flattering. Sounds like a man losing the plot imo.
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1 Dec 2024, 16:41 (Ref:4237264) | #767 | ||
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Maybe a vote of no confidence from the General Assembly, Senate and WMSC and being forced into a recall election might wake him up.
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1 Dec 2024, 16:43 (Ref:4237265) | #768 | ||
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Quote:
Richard |
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1 Dec 2024, 18:15 (Ref:4237300) | #769 | ||
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I believe that it's down the the General Assembly, FIA Senate, and the WMSC. And the major factions in all the above had no problem trying to get rid of Mosley in '08. MBS is guilty "only" of autocratic behavior and probable corruption, but still worthy of them taking a look at it.
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1 Dec 2024, 20:05 (Ref:4237319) | #770 | ||
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My point is... While we as (mostly) Euro or NA centric fans, FOM, F1 teams, F1 drivers. None of us have a say in the FIA election other than trying to influence the votes for our respective countries representatives. And that MBS "might" still be doing favorable things when you look at his constituency as a whole. Such as the article linked above, he calls out the amount of money for "grassroots" motorsports. Of which people have already called out might be viewed as buying votes by allocating FIA money to member countries. F1 might be popular, but some some who will never see an F1 race in their country, MBS might be "sticking it to the man" and they might be loving it, or not. Who knows? I wish some of the racing media would dig into this topic. And the two votes per country is much like issues with US presidential election rules in that it's not really fully based upon equal representation by population because countries like Andorra (population of 86K), Barbados (268K), India (1.4B), USA (335M) or UK (68M) all have the same voting power. Playing to a likely ignored majority of small member countries is a fine strategy and it may yet work again for him. No matter how incompetent he is at his actual job. Richard |
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Yesterday, 13:45 (Ref:4237558) | #771 | |
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https://www.bbc.co.uk/sport/formula1...s/cy89xevxp1jo
FIA seeks rule changes after president allegations |
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Yesterday, 14:13 (Ref:4237561) | #772 | ||
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Politics of the worst kind…seems to be going around these days!
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Yesterday, 15:04 (Ref:4237564) | #773 | ||
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Richard |
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Yesterday, 15:10 (Ref:4237565) | #774 | ||||
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Quote:
Quote:
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Yesterday, 16:01 (Ref:4237569) | #775 | |||
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Do as I say not as I do springs to mind. Maybe my suspicious mind is reading more into what is being suggested than I fear. We can only hope it never gets beyond the proposal stage. |
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