Liberty Media has got a checkered flag from the European Commission to acquire motorcycle racing circuit MotoGP.
The approval allows the Formula 1 owner to buy an 86 percent stake in the MotoGP rights holder Dorna Sports. Liberty Media will pay cash for the majority stake, with the target company’s management, led by CEO Carmelo Ezpeleta, retaining 16 percent of the business.
The transaction puts an enterprise value for Dorna at €4.3 billion (US$4.94 billion). The EU approval is also the last obstacle keeping Liberty Media from completing the transaction, now expected to shortly close on July 3.
“We are thrilled to officially commence Liberty’s partnership with Carmelo and his excellent management team,” Derek Chang, Liberty Media president and CEO, said in a statement. As with Formula 1, Liberty Media with MotoGP will look to grow the fanbase and international appeal of the motorcycle racing circuit.
MotoGP currently has 22 races across 18 countries for the 2025 season. CEO Ezpeleta will continue to run the business headquartered in Madrid, Spain. As options for MotoGP’s own global growth, Formula 1 under the ownership of Liberty Media has expanded its racing schedule and media reach, including an increased social media presence.
“MotoGP is a highly attractive premium sports asset with incredible racing, a passionate fanbase and a strong cash flow profile. We believe the sport and brand have significant growth potential, which we will look to realize through deepening the connection with the core fan base and expanding to a wider global audience,” Chang added.
After completing the acquisition, Liberty Media’s Formula One Group tracking stock will include Formula 1, MotoGP and Quint, and certain minority investments.
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