Settlement to accumulate Dorna Sports activities S.L. enters Section II with European Fee.
Liberty Media introduced at present that it acquired discover of the European Fee opening a extra in-depth (Section II) investigation into its proposed acquisition of MotoGP. The settlement to accumulate MotoGP was introduced in April and has since acquired all different vital regulatory approvals.
Because of the opening of a Section II investigation, all events have agreed to increase the overview course of and consider the European Fee will attain a optimistic conclusion.
Carmelo Ezpeleta, CEO of MotoGP rights holder Dorna Sports activities:“We anticipate this acquisition to achieve the requisite EU approval and are excited by the potential alternative to work with Liberty Media. Within the meantime, we stay dedicated to our technique to take the game to new heights and proceed our spectacular charge of progress, additional increasing our international fanbase of over 500 million. 2024 noticed season attendance of greater than 3 million followers for the primary time ever, and 6 tracks set new all-time data for his or her occasions. Our French GP broke the all-time attendance document. Trying forward, we don’t simply need extra of the identical, we would like much more – and we’re proud that our technique is already starting to ship it. We hope followers are simply excited as we’re in regards to the future and the unimaginable new season that’s simply across the nook.”
William Jackson, President of the Board of MotoGP (Dorna Sports activities) and Founding father of Bridgepoint:“MotoGP is essentially the most thrilling sport on the planet and has an ideal future forward. Bridgepoint and CPPIB have been vastly supportive of the Firm and sport and stay absolutely dedicated to serving to Carmelo and the staff proceed to drive the improbable success the game has loved throughout 18 years as shareholders collectively.”
MotoGP continues to construct for the long run and set up itself as a number one sports activities and leisure property whereas the competitors overview stays ongoing. Essentially the most thrilling sport on earth has a worldwide fanbase of over 500 million and goals to broaden exponentially across the globe to a brand new, younger and various viewers.
Our new model id, in improvement since 2023, displays MotoGP’s intent. MotoGP is poised to transcend sport and additional improve our cultural resonance, with a bolstered administration staff and inside modifications already paying dividends in our mission to develop into a family title.
MotoGP is already seeing elevated audiences and document crowds and the proposed acquisition by Liberty Media will speed up this ongoing evolution for the good thing about all stakeholders within the sport.
