P1racenews AI automatic summary:
It’s been a long time in the works, but Liberty Media is now the commercial rights holder of MotoGP!
Liberty Media has successfully acquired MotoGP after receiving approval from the European Commission for the takeover. The bid, initially proposed in April 2024, underwent scrutiny regarding potential anti-trust and competitive law violations. However, following an analysis period, the Commission greenlit the deal, expected to be finalized by July 3, 2025. With the acquisition, Liberty Media is now responsible for enhancing the global appeal of MotoGP and expanding its fanbase. CEO Carmelo Ezpeleta and his team will continue to lead MotoGP under the new ownership. The approved transaction marks a significant step towards a promising future for MotoGP, aimed at further engaging fans worldwide. The deal will give Liberty Media an 84% stake in MotoGP rights, while the current management team retains 16% ownership in the business.
