P1racenews AI automatic summary:
F1 owner Liberty Media has successfully acquired 86% of MotoGP.
Liberty Media, the owner of F1, is set to acquire MotoGP, solidifying its ownership of both two-wheeled and four-wheeled motorsport. With an 86% stake purchase of MotoGP’s parent company Dorna, valued at €4.2 billion, Liberty Media expands its reach in the sports industry. The acquisition is expected to be finalized by the end of 2024, adding to their successful ownership of F1 since 2016. While F1 has seen considerable growth, notably in North America due in part to the popularity of the Netflix series “Drive to Survive,” MotoGP presents different challenges for Liberty Media to address. To celebrate, fans can participate in a giveaway by subscribing to the official F1 YouTube channel for a chance to win Red Bull or Ferrari merchandise.
