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Liberty Media To Acquire Commercial Rightsholder Of MotoGP For Enterprise Value Of EUR 4.2 Bln

Liberty Media To Acquire Commercial Rightsholder Of MotoGP For Enterprise Value Of EUR 4.2 Bln

Formula 1 owner Liberty Media Corp. (FWONA, FWONK) announced Monday that it has entered into an agreement to acquire Spain's Dorna Sports, S.L., the exclusive commercial rights holder to the MotoGP World Championship, from British private investment company Bridgepoint Group plc and Canada Pension Plan Investment Board. MotoGP will be attributed to Liberty Media's Formula One Group tracking stock.
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