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Formula 1 Owner Liberty Media Buys MotoGP, Expanding Sports Portfolio; Deal Values Motorcycle Racing Circuit At $4.5 Billion

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01.04.2024 - 14:33

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Billionaire investor John. Malone’s Liberty Media has inked a deal to acquire 86% of Dorna Sports, the exclusive rights holder to the MotoGP world championship, from Bridgepoint and Canada Pension Plan Investment Board.

The deal for the motorcycle racing circuit, which reflects a 4.2 billion-euro (or $4.5 billion) enterprise value for MotoGP, expands Liberty’ sports assets led by Formula 1 racing.

MotoGP will be attributed to Liberty Media’s Formula One Group tracking stock (FWONA). The deal is expected to close by year end.

MotoGP features races with top speeds above 360 kilometers per hour (223 miles per hour) and lean angles of over 60 degrees.

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