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EU set to approve Liberty Media's purchase of MotoGP owners Dorna Sports


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  The current owner of Formula 1 has also been trying to purchase MotoGP since April last year

The European Union is poised to approve Liberty Media's acquisition of Dorna Sports, the company that owns MotoGP, with the decision expected to be finalized by March 2024. This move comes after Liberty Media, which already owns Formula 1, announced its intent to purchase Dorna Sports for approximately $4.2 billion in April 2023. The acquisition aims to leverage Liberty Media's expertise in managing and promoting motorsport events to enhance MotoGP's global presence and appeal. The approval process has been closely watched by stakeholders in the motorsport industry, as it could lead to significant changes in the management and marketing strategies of MotoGP.

Read the Full Autosport Article at:
[ https://www.msn.com/en-xl/news/other/eu-set-to-approve-liberty-media-s-purchase-of-motogp-owners-dorna-sports/ar-AA1CBVcB ]

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[ Sun, Dec 15th 2024 ]: MSN