Liberty Media says it is “not planning to change this sport” and believes MotoGP offers “unbelievable excitement” following its multi-billion euro takeover of Dorna Sports.
On Monday morning, American media giant Liberty announced it had acquired 86% ownership in MotoGP in a deal worth €4.2 billion. The deal – set to be completed by the end of 2024 – will see Liberty hold ownership of motorsports' two biggest championships in Formula 1 and MotoGP, though the latter will continue to be independently run by Dorna.
“What we really saw in F1 was, as we grew the fanbase your monetisation became easier because your partners – whether they be broadcast partners, promoter partners or sponsor partners, and whether they’re looking at branding or activation, and more and more at activation – it’s all part and parcel.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
F1 owner Liberty Media set to finalise €4bn MotoGP purchaseFormula 1 owner Liberty Media intends to finalise its purchase of the MotoGP World Championship for a figure of around €4 billion.
Read more »
F1 owner Liberty Media to confirm MotoGP takeover within daysLiberty Media could unveil MotoGP purchase as early as Monday
Read more »
F1 owner Liberty Media takes over MotoGP in $4bn deal with DornaDorna Sports has officially announced that Formula 1 owner Liberty Media has finalised its purchase of the MotoGP World Championship.
Read more »
Formula 1 owner Liberty Media announces takeover of MotoGP parent company DornaFormula 1's owner Liberty Media has announced a takeover of MotoGP's parent company Dorna worth £3 billion.
Read more »
MotoGP: F1 owner Liberty Media buys series in deal valued at £3.6bnFormula 1 owner Liberty Media buys motorbike racing series MotoGP from its Spanish owners in a deal valued at £3.6bn.
Read more »
Official: F1 owners Liberty Media announce acquisition of MotoGPFormula 1 and MotoGP will both be under the same Liberty Media umbrella
Read more »