P1racenews AI automatic summary:
Rumours have been circulating for some time that Liberty Media would take over MotoGP from owner Dorna. A few weeks ago there appeared to be a line through the deal, but now the American owner of F1 is said to have reached an agreement.
MotoGP is set to be acquired by F1 owners Liberty Media for $4 billion, adding to their portfolio that started with Formula 1 in 2017 when they bought it for $4.6 billion from Bernie Ecclestone as reported by The Financial Times. The hope is that MotoGP’s growth will mirror that of F1, considering the series is now valued at around $17 billion which includes Superbikes, also owned by Dorna. Liberty Media is expected to acquire all of Dorna’s racing classes in a deal awaiting EU approval, a step that was pivotal in CVC having to split ownership of MotoGP and F1 due to EU regulations in 2006. The potential market shift since then prompts the question of whether the EU’s stance has changed, recognizing that Liberty Media’s ownership of F1 has significantly boosted revenues. With Liberty Media’s success with F1, the arrival of the Americans bodes well for MotoGP’s future prospects.
