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

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…#libertymedia #dornasports #bridgepoint #formula1 #formulaonegroup #carmeloezpeleta #dorna #gregmaffei #liberty (Source: Reuters: Health)