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EU probe could stall Liberty's MotoGP deal
Dec.16 A major European Union probe into F1 owner Liberty Media's planned acquisition of MotoGP looks set to be launched. A month ago, amid swirling rumours the EU may not allow the American company to own both F1 and MotoGP, departing Liberty CEO Greg Maffei said he was confident the deal would go through. 'We are making progress with the European Commission,' he confirmed, 'which is the only remaining jurisdictional regulatory hurdle. 'We continue to hope for closure by the end of the year.' However, Bloomberg is now reporting that the European Union is indeed planning a full-blooded investigation, as confirmed by two anonymous sources. The deadline for the EU to decide to proceed is...
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