P1racenews AI automatic summary:
Carmelo Ezpeleta says MotoGP’s future is “even brighter” as Liberty Media takes control following EU approval.
Liberty Media has gained approval from the European Commission to finalize its purchase of MotoGP rights holder Dorna Sports, with the transaction anticipated to be completed by July 3, 2025. Following this regulatory clearance, new opportunities are ripe for exploration by the Formula 1 owners in the realm of MotoGP, where they will secure an 84% stake in Dorna Sports, leaving the remaining 16% in the hands of current MotoGP management, led by CEO Carmelo Ezpeleta. The official nod from the European Commission signals a pivotal moment for both parties, with Liberty set to collaborate with Ezpeleta and his team in furthering MotoGP’s global presence and enhancing its relationship with fans. With a strong conviction in MotoGP’s growth potential and global appeal, Liberty envisions building on its existing fan base, expanding outreach, and maximizing commercial opportunities, much like its successful Formula 1 endeavors. Ezpeleta echoes this sentiment, welcoming Liberty as an ideal partner to propel MotoGP into a new era of prosperity, and eagerly anticipates the shared value and enhanced experiences that lie ahead for fans and stakeholders alike. As the €4.2 billion deal nears finalization, post-closure plans are anticipated to shed light on Liberty’s strategic vision for the future of MotoGP, drawing upon its proven track record of elevating premium sports properties into global success stories.
