Formula One owners Liberty Media buy MotoGP for USD 4.5 billion
8 months, 3 weeks ago

Formula One owners Liberty Media buy MotoGP for USD 4.5 billion

New Indian Express  

PARIS: Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said. MotoGP said in a statement that Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna in a deal valued at 4.2 billion euros. "We are thrilled to expand our portfolio of leading live sports and entertainment assets with the acquisition of MotoGP," said Greg Maffei, Liberty Media President and CEO. "Liberty has an incredible track record in developing sports assets and we could not wish for a better partner to expand MotoGP's fanbase around the world."

Sport Media Billion Liberty Formula Motogp Liberty Media Dorna Ezpeleta  formula  buy  value  liberty  global  usd  dorna  owners  f1  sport  motogp  media  45  billion

History of this topic

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1
1 month, 1 week ago

Greg Maffei steps down as CEO of Liberty Media, the company that owns F1

Associated Press  

ENGLEWOOD, Colo. — Greg Maffei is stepping down as president and chief executive of Liberty Media, the company that owns Formula 1. Liberty Media said Wednesday that Maffei would leave his role when his contract expires at the end of the year and become an adviser. Liberty Media said in August that it was under investigation by the U.S. Justice …

Liberty Media confirms Justice Department investigation over Formula 1 World Championship spat
4 months, 2 weeks ago

Liberty Media confirms Justice Department investigation over Formula 1 World Championship spat

Associated Press  

Liberty Media, owner of Formula One Group, confirmed that it is under investigation by the Justice Department for denying Andretti Global entry into the Formula 1 World Championship. “We intend to fully cooperate with that investigation, including any related request for information,” Liberty Media CEO Greg Maffei said during a conference call Thursday. Mario Andretti said in April that he …

Liberty Media to add MotoGP to a global racing portfolio that already includes F1
8 months, 3 weeks ago

Liberty Media to add MotoGP to a global racing portfolio that already includes F1

Associated Press  

AUSTIN, Texas — Liberty Media Corp., the American company that owns Formula 1, is adding to its global racing portfolio with the purchase of the MotoGP motorcycle racing series by the end of the year, MotoGP officials announced Monday. Liberty Media will acquire approximately 86% of Spain-based Dorna Sports, which owns the commercial and television rights for MotoGP, for about …

F1 owners confirm £3.6bn MotoGP takeover
8 months, 3 weeks ago

F1 owners confirm £3.6bn MotoGP takeover

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

Formula One owner Liberty Media announces MotoGP takeover: ‘Dorna to stay independently run company’
8 months, 3 weeks ago

Formula One owner Liberty Media announces MotoGP takeover: ‘Dorna to stay independently run company’

Hindustan Times  

The global motorsport community woke up to the big news of Formula 1 owner Liberty Media Corporation announcing an agreement to acquire MotoGP on Monday. MotoGP is a global league with a loyal, enthusiastic fan base, captivating racing and a highly cash flow generative financial profile," Greg Maffei, Liberty Media president and CEO, said. Dorna holds exclusive rights to other …

US-based Formula 1 owner Liberty Media announces MotoGP takeover
8 months, 3 weeks ago

US-based Formula 1 owner Liberty Media announces MotoGP takeover

Al Jazeera  

The multibillion-dollar takeover places Formula 1 and MotoGP under the same Liberty Media ownership structure. Formula One owner Liberty Media has agreed to buy MotoGP in a deal valued at about 4.2 billion euros, the United States-based company said. MotoGP said in a statement on Monday that Liberty Media would acquire “approximately 86 percent” stake from Spain-based owner Dorna. “The …

Formula 1 owners Liberty Media close to MotoGP buy-out: Reports
8 months, 3 weeks ago

Formula 1 owners Liberty Media close to MotoGP buy-out: Reports

Firstpost  

Liberty Media are looking to muscle in on the lucrative two-wheel series run by Madrid-based Dorna Sports Formula One owners Liberty Media are close to a four billion dollar buy-out of the company that runs MotoGP, various media reported on Thursday. Buoyed by its success in the four-wheel fast lane, Liberty are now looking to muscle in on the lucrative …

F1 owners Liberty Media ‘on verge of £3.5bn deal for MotoGP’
8 months, 3 weeks ago

F1 owners Liberty Media ‘on verge of £3.5bn deal for MotoGP’

The Independent  

Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news Sign up to our free sport email for all the latest news SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our …

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