Liberty Media, owner of Formula 1, acquires Dorna, parent company of MotoGP | F1 News

Liberty Media, the owner of Formula 1, has announced its takeover of MotoGP’s parent company, Dorna, in a deal expected to be completed by the end of 2024. This acquisition, valued at 4.2 billion euros, will see Liberty Media acquire approximately 86% of Dorna, with the management team retaining the remaining 14% equity.

The president and CEO of Liberty Media, Greg Maffei, expressed excitement about the acquisition, highlighting MotoGP’s global appeal and financial success. He sees significant potential for growth and expansion of the sport to a wider audience.

Dorna, the company behind MotoGP, will continue to operate independently under Liberty Media’s Formula One Group tracking stock, with CEO Carmelo Ezpeleta remaining in his position. Ezpeleta believes this acquisition is a positive step forward for MotoGP and its fans.

The deal has been in the works for weeks, with talks of Liberty Media purchasing Dorna Sports first surfacing in March. The common ownership of MotoGP and Formula 1 presents opportunities for financial and commercial synergies.

In the midst of this acquisition news, motorsport fans can look forward to the Japanese Grand Prix this weekend, with every session broadcast live on Sky Sports F1 and Sky Sports Main Event. The race itself is scheduled for 6am on Sunday, providing an exciting start to the motorsport season under Liberty Media’s ownership.