Podcast: Liberty Media Acquires MotoGP – What’s Next?
The recent news of Liberty Media’s acquisition of MotoGP has rocked the world of motorsport. The historic agreement, which is expected to be completed by the end of 2024, marks a new era for international motorcycle racing. Under the terms of the acquisition, Dorna, the former owner of MotoGP rights, will remain an independent subsidiary of what is now Liberty Media Formula 1 Group.
Liberty Media’s acquisition of MotoGP is a significant effort to expand its live sports and entertainment offerings. Greg Maffei, President and CEO of Liberty Media, expressed his excitement at the opportunity to expand the international reach of the game to a wider audience. Thanks to loyal and enthusiastic fans and exciting racing, MotoGP offers a very viable financial statement in financial terms.
Dorna CEO Carmelo Ezpeleta will continue to lead the company, ensuring a continuous business cycle. Dorna’s headquarters will remain in Madrid, maintaining strong links with European motorsport.
The acquisition gives Liberty Media an 86% stake in Dorna, with Dorna management owning 14% of the business. The separation demonstrates Liberty Media’s confidence in Dorna’s management team and the future growth potential of MotoGP.
For MotoGP fans, teams, business partners and shareholders, this acquisition promises to bring exciting new opportunities and growth. With the help of Liberty Media, MotoGP can expand its operations around the world and continue to cement its position as the premier motorcycle race in the world.
In the next episode of the podcast, we’ll take a more in-depth look at what this acquisition means for the future of MotoGP. We will discuss possible changes to the tournament calendar, plans for increased fan engagement and strategies to foster sustainable growth in the sport.
Be sure to listen and download the podcast for all the latest news and analysis on Liberty Media’s MotoGP acquisition. Don’t forget to subscribe to our YouTube channel and like the video to learn more about the latest motorsports!