article-img

MotoGP Takeover by F1 Owner Liberty Media Expected Soon

9 months ago By Sports Desk

The acquisition of MotoGP by Liberty Media, the owner of Formula 1, is a unique development in the world of motorsport and motorcycling. Liberty Media recently announced its plan to acquire approximately 86% of Dorna, the parent company of MotoGP, for an estimated value of €4.2 billion. With this acquisition, Liberty Media seeks to expand its live sports and entertainment portfolio, demonstrating its commitment to the continued growth and development of motorsport.

MotoGP fans and partners have met the news with enthusiasm as it represents an exciting opportunity to develop the sector. Under the management of Liberty Media, MotoGP is expected to receive a significant boost in terms of visibility, global reach and infrastructure investment.

Dorna’s longtime CEO Carmelo Ezpeleta will remain in his role, ensuring a smooth and seamless transition throughout the construction process. Ezpeleta expressed optimism about the future of MotoGP under Liberty Media, highlighting the potential for growth and opportunities for fans and commercial partners.

In addition, the transaction also includes the retention of approximately 14% of Dorna’s equity by existing management, demonstrating a mutual commitment to the continued success of the division. The acquisition is expected to close by the end of the year, subject to regulatory approval.

However, the deal could face regulatory scrutiny due to Liberty Media’s history and the condition placed on acquiring Formula 1 in 2017. Previously, the European Commission required Partners CVC Capital, the previous owner of Formula 1, sold Dorna as part. of the purchase contract. Therefore, regulatory authorities are likely to scrutinize transaction details to ensure compliance with antitrust laws and to ensure fair competition in the market.

Overall, Liberty Media’s acquisition of MotoGP represents an exciting milestone for motorsport, promising a new era of opportunity and growth. Backed by a globally recognized media group, MotoGP is well positioned to expand its fan base, increase its international presence and further strengthen its position as one of the leading divisions in motorsport. the world The coming months will be crucial in following the development of this exciting partnership and its impact on the world of motorcycling.

More Recommendations
Unlock a World of Endless Discoveries: Your Personalized Recommendation Engine
article-image

The Formula 1 season is in full swing, and fans around the world are eagerly anticipating the 2023 Qatar Grand… Read More

1 years ago Sports Desk
article-image

The adrenaline-fueled world of motorcycle racing is gearing up for a thrilling weekend as the MOTUL FIM Superbike World Championship… Read More

1 years ago Sports Desk
article-image

The 2023 F1 season has just passed, and what a beast of a season it was! Especially for Max Verstappen… Read More

1 years ago Sports Desk
article-image

The Buriram International Circuit in Thailand played host to an action-packed Saturday practice race day ahead of the 2023 MotoGP… Read More

1 years ago Sports Desk
article-image

Formula 1 is not just about fast cars and thrilling races; it’s a sport rich in history, tradition, and, of… Read More

1 years ago Sports Desk
article-image

Aprilia takes a close look at Ducati rider “Enea Bastianini” The MotoGP pre-season is underway and one of the teams… Read More

11 months ago Sports Desk
Stories Going Viral
Unleashing the Power of Stories
article-image

Max Verstappen believes Red Bull can significantly improve the performance of its Formula 1 car, the RB20, by addressing a… Read More

7 months ago Sports Desk
article-image

Formula 1 is full of rumors and speculation and one of the latest stories is about Lando Norris and his… Read More

11 months ago Sports Desk
article-image

The roar of engines, the thrill of high-speed action, and the spirit of competition—MotoGP is all set to make its… Read More

1 years ago Sports Desk
article-image

In a historic event for the MotoGP world, Marco Bezzecchi, the talented Italian rider, has been given the privilege of… Read More

1 years ago Sports Desk
article-image

In the fast-paced world of Formula 1, change is not only constant; it’s celebrated. McLaren Racing, known for its rich… Read More

1 years ago Sports Desk
article-image

Pecco Bagnaia, one of MotoGP’s best drivers, is confident that a victory with the Ducati GP23 is within reach. In… Read More

7 months ago Sports Desk
Join Our Exclusive Newsletter and Stay in the Loop!