Formula 1's owner Liberty Media has announced a takeover of MotoGP's parent company Dorna. Liberty Media bought F1 from CVC Capital Partners in 2017, a deal which saw Bernie Ecclestone removed as chief executive of Formula One Group, and is now taking over motorbikes premier series, MotoGP. The acquisition is expected to be completed by the end of 2024, subject to clearances and approvals by law authorities.
'This is the perfect next step in the evolution of MotoGP, and we are excited for what this milestone brings to Dorna, the MotoGP paddock and racing fans,' Ezpeleta said. Dorna Sports, which was roughly 40 per cent owned by British private investment company Bridgepoint Group, also promotes the World Superbike Championship and all-electric MotoE.
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