- US-based company buys 86% stake for €3.5bn from Dorna
- Takeover subject to clearance and could attract scrutiny
Formula One’s US-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 €4.2bn (£3.6bn) and an equity value of €3.5bn,” MotoGP added.