P1racenews AI automatic summary:
F1 owner Liberty is, according to Spanish media reports, interested in a stake in MotoGP promoter Dorna. Simon Patterson looks at what’s being said and the precedent that might make things complicated – but might nevertheless build some interest
Reports in the Spanish press this week suggest that Liberty Media, the owner of Formula 1, is considering acquiring a controlling stake in MotoGP promoter Dorna to diversify its motorsport interests. Speculation has been ongoing about Dorna being put up for sale by its current owner, Bridgepoint Capital, with CEO Carmelo Ezpeleta hinting at a potential sale. Recent financial restructuring at Dorna, including taking on substantial debt, points towards Bridgepoint preparing for a sale. While the involvement of Liberty Media seems like a strategic move, given its success with F1, it may be a sales tactic at this stage. The history of ownership changes at Dorna, including the forced sale in 2006, raises questions about the impact of potential ownership consolidation on motorsport competition and TV rights pricing. EU’s competition regulator had stepped in to ensure competition and consumer choice in the market when these significant motorsport entities change hands.