Liberty Media to sell $825m F1 shares ahead of MotoGP acquisition

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Liberty Media Berita

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Liberty Media’s MotoGP deal ‘expected to close by year-end 2024’

Liberty Media has announced plans to sell F1 shares worth $825m to ‘partially fund’ it’s planned acquisition ofIn April, Liberty agreed to acquire 86% of MotoGP commercial rights holder Dorna Sports S.L., valuing the sport at $4.2 billion.

Upon announcing this week’s sale of over 10 million F1 shares, Liberty confirmed that the end-of-year timeline to complete the MotoGP acquisition remains in place.

 

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