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Liberty Media and MotoGP confirm investigation from the European Commission
F1 Grand Prix, GP Singapore, Marina Bay Street Circuit Liberty Media and MotoGP have announced that they have received notice of the European Commission opening a more in-depth (Phase II) investigation into its proposed acquisition of MotoGP. Having taken control of Formula One in 2017, Liberty Media announced in April that it would purchase the motorbike series from Spanish company Dorna Sports, which has owned MotoGP since 1992. The deal will see Liberty acquire about 86% of Dorna, with Dorna's management retaining the rest of the business. The acquisition is expected to be completed by year-end 2024 and is subject to the receipt of clearances and approvals by competition and...
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3h ago from F1Technical.net
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