P1racenews AI automatic summary:
Formula 1 owner Liberty Media are in talks to buy Madrid-based company Dorna Sports in what appears to be a
Autosport has learned that an announcement regarding a potential deal is expected before the third round of the 2024 MotoGP season at the Circuit of the Americas. This deal involves Dorna Sports, which also oversees World Superbikes and the MotoE World Championship. Despite plans to make the deal official before the 2024 season opener in Qatar, concerns from the European Commission have temporarily halted proceedings. The Financial Times suggests that any agreement will likely undergo regulatory scrutiny, a process influenced by past ownership complexities within the industry. Dorna Sports recently faced financial ups and downs due to the pandemic, even as they successfully refinanced a significant portion of their debt and increased shareholder dividends. With similarities in business models between MotoGP and F1, observers anticipate Liberty Media’s F1 success to bring positive changes to the world of two-wheeled racing.
