Formula 1 Owners Liberty Media to Acquire MotoGP Championship

motogp of portugal race
F1 Owners Liberty Media to Acquire MotoGPNurPhoto - Getty Images
  • Liberty Media will acquire 86% of MotoGP.

  • The championship’s management will retain a 14% equity.

  • Current MotoGP CEO Carmelo Ezpeleta will remain in charge.

Liberty Media Corporation, the firm which holds the commercial rights to Formula 1, has entered into a deal to acquire the MotoGP World Championship.

It is set to bring Formula 1 and MotoGP under the same ownership for the first time.

MotoGP’s commercial arm has been controlled for over three decades by Dorna Sports, which has investment from several firms, most prominently Bridgepoint Capital and Canada Pension Plan Investment Board.

On Monday an agreement was reached, with the transaction representing an enterprise value of €4.2billion ($4.53 billion), and the acquisition is expected to be completed by the end of 2024.

motogp of portugal race
Spanish rider Mark Marquez may be the face of MotoGP today.NurPhoto - Getty Images

The deal is subject to the receipt of clearances and approvals by the competition and foreign investment law authorities in the respective jurisdictions.