sport news F1 owner Liberty Media buys MotoGP from Spanish company Dorna Sports in ... trends now
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Formula One's U.S.-based owner Liberty Media have announced a takeover of MotoGP's parent company Dorna, valuing the world's leading motorcycle racing championship at €4.2 billion (£3.6bn), 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.
'This is the perfect next step in the evolution of MotoGP, and we are excited for what this milestone brings to Dorna, the MotoGP paddock and racing fans,' Ezpeleta said.
The deal will see Liberty
