Formula 1 Owner Liberty Media Buys MotoGP, Expanding Sports Portfolio; Deal Values Motorcycle Racing Circuit At $4.5 Billion ...Middle East

Billionaire investor John. Malone’s Liberty Media has inked a deal to acquire 86% of Dorna Sports, the exclusive rights holder to the MotoGP world championship, from Bridgepoint and Canada Pension Plan Investment Board. The deal for the motorcycle racing circuit, which reflects a 4.2 billion-euro (or $4.5 billion) enterprise value for MotoGP, expands Liberty’ sports […]

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