Liberty Media gets green light for MotoGP deal

Liberty Media’s €4bn acquisition of MotoGP owner Dorna Sports has been given the go-ahead by the European Commission.

Dorna Sports is the exclusive commercial rights holder of the MotoGP World Championship. F1 owner Liberty Media said the deal would “accelerate MotoGP’s international appeal and bring captivating racing to a wider global audience”.

MotoGP comprises 22 races across 18 countries for the 2025 season, which is broadcast to hundreds of millions internationally.

Liberty Media said it would leverage its expertise in developing sports and entertainment assets to further expand MotoGP’s fanbase and grow the sport commercially.

Carmelo Ezpeleta, CEO of Dorna since 1998, will continue to run the business headquartered in Madrid.

“Today’s approval from the European Commission marks the final condition to closing Liberty’s acquisition of MotoGP. We are thrilled to officially commence Liberty’s partnership with Carmelo and his excellent management team,” said Derek Chang, Liberty Media President and CEO.

“MotoGP is a highly attractive premium sports asset with incredible racing, a passionate fanbase and a strong cash flow profile. We believe the sport and brand have significant growth potential, which we will look to realize through deepening the connection with the core fan base and expanding to a wider global audience.”

Carmelo Ezpeleta, CEO of MotoGP rights holder Dorna , added: “We are very happy that the European Commission has approved the transaction. This is an important milestone confirming the even brighter future that lies ahead for MotoGP,” said. “MotoGP is one of the most thrilling sports on earth, and we look forward to accelerating the sport’s growth and expanding its reach to even more fans around the world. Liberty is the best possible partner for our sport and the entire MotoGP community, and we are excited to create even greater value for our fans, commercial partners and everyone competing.”

Liberty Media will acquire 84% of Dorna with Dorna management retaining 16% of the business. The transaction reflects an enterprise value for Dorna of €4.3 billion, Liberty Media said.

The European Commission’s approval is the final condition to the transaction, which is now expected to close no later than July 3, 2025.