Posted by: CanadianRacingOnline
« on: April 01, 2024, 07:20:02 AM »F1 owner Liberty Media takes over MotoGP in $4bn deal with Dorna
The American entertainment company, which has owned the rights to Formula 1 since 2016, will take over Dorna, which has owned MotoGP since 1992 and also controls WSBK and the MotoE World Cup, in a deal valued at €4.2 billion.Liberty will take 86% of the shares of the Spanish company, with the remaining 14% remaining with MotoGP management.Previously, 40% owned by Bridgepoint - the Canadian fund ...Keep reading
Source: F1 owner Liberty Media takes over MotoGP in $4bn deal with Dorna
The American entertainment company, which has owned the rights to Formula 1 since 2016, will take over Dorna, which has owned MotoGP since 1992 and also controls WSBK and the MotoE World Cup, in a deal valued at €4.2 billion.Liberty will take 86% of the shares of the Spanish company, with the remaining 14% remaining with MotoGP management.Previously, 40% owned by Bridgepoint - the Canadian fund ...Keep reading
Source: F1 owner Liberty Media takes over MotoGP in $4bn deal with Dorna