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6d ago

EU Clears Liberty Media’s €4.3 Billion Takeover of MotoGP Rights Holder

Set to close by July 3, the transaction brings MotoGP under Liberty Media’s motorsport portfolio to drive global expansion.

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WM-Spitzenreiter der MotoGP: Marc Márquez
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Overview

  • The European Commission conducted an in-depth investigation across key national TV markets and cleared the deal without conditions after finding Formula 1 and MotoGP do not compete directly in broadcast licensing.
  • Liberty Media will take an 84% stake in Dorna Sports at an enterprise value of €4.3 billion and equity value of €3.7 billion, with Dorna management retaining 16%.
  • Liberty Media executives Chase Carey and Sean Bratches will join Dorna’s board alongside CEO Carmelo Ezpeleta and finance director Enrique Aldama.
  • The company intends to apply its Formula 1 media rights expertise to boost MotoGP’s global audience, fan engagement and sponsorship revenue.
  • The Commission’s market analysis classified both series as regular non-premium sports and noted ample broadcast alternatives in each national market.