F1 owner Liberty Media announces takeover of MotoGP

F1 owner Liberty Media announces takeover of MotoGP

US-based company buys 86% stake for €3.5bn from DornaTakeover 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.

Dorna will stay an independently run company attributed to Liberty Media’s Formula One Group tracking stock and continue to be based in Madrid, with long-serving Dorna CEO Carmelo Ezpeleta remaining in his position, the statement added.

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