Greg Maffei says F1 owners can use experience to transform new acquisition into a global success
Seven-time Formula 1 world champion Lewis Hamilton has shown interest in purchasing a team in MotoGP, claims Liberty Media CEO Greg Maffei. It was announced in April that Liberty would acquire 86% of the shares of Dorna Sports, the Spanish company which has owned MotoGP since 1992. The deal was valued at $4.2billion, with the remaining stake staying with MotoGP management and in August Liberty confirmed it was selling a $825million stake in Formula 1 to fund the purchase.
” Race start Photo by: Gold and Goose / Motorsport Images Being the league level owners of Formula 1 has certainly given Liberty the opportunity to instigate change and open the sport up to a new fanbase – particularly in the United States. Now they will be hoping to work the same magic with MotoGP, with Maffei ready to put similar plans in place. “I think MotoGP is, to start with, it's an unbelievably exciting product.
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