P1racenews AI automatic summary:
Liberty “not planning to change” MotoGP under new ownership
On Monday morning, Liberty, the American media giant, announced that it acquired 86% ownership in MotoGP for €4.2 billion, with the deal expected to be finalized by the end of 2024. This acquisition positions Liberty as the owner of both Formula 1 and MotoGP while maintaining MotoGP’s independent operation under Dorna management. Despite concerns from MotoGP fans about potential changes, Liberty Media’s CEO, Greg Maffei, stated during an investor call that there are no plans to fundamentally alter MotoGP. Maffei emphasized the company’s intention to expand MotoGP’s fanbase and commercial partnerships to align with the sport’s existing competitive and exciting attributes. Both Liberty and Dorna’s representatives clarified that MotoGP will not include street circuits in response to speculation arising from F1’s recent expansion to include such tracks.
