P1racenews AI automatic summary:
The owners of F1, Liberty Media are currently engaged in a bid to purchase MotoGP from Dorna Sports, but required political support.
Liberty Media, the owners of F1, are reportedly set to receive European Union approval for their acquisition of MotoGP, valued at around $3.8 billion, following an investigation by the EU Commission. The bid had raised concerns over anti-trust and competition laws, prompting a Phase II investigation that delayed the decision until July 1st, 2025. Despite fears of creating a broadcast rights monopoly in the EU, the Commission has decided to greenlight the deal without imposing any conditions on Liberty. Liberty Media sees the acquisition as a strategic move to enhance MotoGP’s competitive position in the broader audiovisual entertainment market. The approval now paves the way for Liberty to assume control of both F1 and MotoGP, consolidating their presence in the motorsports industry.
