P1racenews AI automatic summary:
F1 owners Liberty Media has completed a takeover of MotoGP.
It has been officially announced that F1 owners Liberty Media have completed an 86% takeover of MotoGP, leaving current owners Dorna with just 14%. Liberty Media not only acquired a significant portion of MotoGP but also acquired 86% of Dorna, which owns MotoGP’s junior categories, World Superbikes, and the new FIM Women’s Circuit Racing World Championship. The transaction values Dorna and MotoGP at €4.5 billion, with an equity value of €3.5 billion. Liberty Media’s President and CEO, Greg Maffei, expressed excitement over expanding their portfolio with MotoGP, aiming to grow the sport for fans, teams, partners, and shareholders. Despite the acquisition, Carmelo Ezpeleta will remain as Dorna’s CEO, with the company continuing to operate from its base in Madrid, Spain. Ezpeleta sees this takeover as a positive step towards enhancing MotoGP’s global presence and fan engagement.
