Formula 1 owner Liberty Media to take over MotoGP for $4.5B

Formula 1 owner Liberty Media to take over MotoGP for $4.5B

Sports

Formula One owner Liberty Media has agreed to buy MotoGP from Spain-based owners Dorna in a deal valued at $4.5 billion, CE Report quotes Anadolu Agency

"Liberty Media will acquire 86% of MotoGP with MotoGP management retaining approximately 14% of their equity in the business," the US media conglomerate, which took control of F1 in 2017, said in a statement.

More details at the link

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