The long-reported rumours have been confirmed by F1's owners.
F1 owners Liberty Media have confirmed the purchase of the commercial rights to MotoGP following extensive rumours of a deal.
However, it is not yet a done deal with Liberty expected to run into issues with the EU in regards to a law against monopolies. CVC Capital Partners previously owned MotoGP but were forced to sell the rights by the European Commission in order to buy F1 in 2006. Liberty president and CEO Greg Maffei said: “We are thrilled to expand our portfolio of leading live sports and entertainment assets with the acquisition of MotoGP.“MotoGP is a global league with a loyal, enthusiastic fan base, captivating racing and a highly cash flow generative financial profile. Carmelo and his management team have built a great sporting spectacle that we can expand to a wider global audience.
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