Motorcycling-US-based F1 owner Liberty Media announces MotoGP takeover

Liberty Media

01/04/2024 10:43

April 1 (Reuters) - Formula One's U.S.-based owner
Liberty Media has announced a takeover of MotoGP's parent
company Dorna, MotoGP said in a statement on Monday.
    "Liberty Media will acquire approximately 86% of Dorna, with
Dorna management retaining approximately 14% of their equity...
the transaction reflects an enterprise value for Dorna/MotoGP of
€4.2 billion ($4.53 billion) and an equity value of €3.5
billion," MotoGP added.


($1 = 0.9270 euros)

 (Reporting by Chiranjit Ojha in Bengaluru, editing by Ed
Osmond)
 ((chiranjit.ojha@thomsonreuters.com;))