Yahoo Canada Web Search

Search results

      • Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) announced today that it has entered into an agreement to acquire Dorna Sports, S.L. (“Dorna”), the exclusive commercial rights holder to the MotoGP™ World Championship, from Bridgepoint and Canada Pension Plan Investment Board (“CPP Investments”).
  1. People also ask

  2. Apr 1, 2024 · Formula 1's owner Liberty Media has announced a takeover of MotoGP's parent company Dorna. Liberty Media bought F1 from CVC Capital Partners in 2017, a deal which saw Bernie Ecclestone...

    • 6 min
  3. Apr 1, 2024 · Liberty Media Corporation (“Liberty Media”) (Nasdaq: FWONA, FWONK) announced today that it has entered into an agreement to acquire Dorna Sports, S.L. (“Dorna”), the exclusive commercial rights holder to the MotoGP™ World Championship, from Bridgepoint and Canada Pension Plan Investment Board (“CPP Investments”).

  4. Apr 1, 2024 · Liberty Media will acquire approximately 86% of Dorna, with Dorna management retaining approximately 14% of their equity in the business. The transaction reflects an enterprise value for...

  5. The American entertainment company, which has owned the rights to Formula 1 since 2016, will take over Dorna, which has owned MotoGP since 1992 and also controls WSBK and the MotoE World Cup, in...

  6. Apr 1, 2024 · F1 owner Liberty Media is expanding its investment in motorsports by purchasing Dorna Sports, the owner of the rights to the MotoGP World Championship, in a $4.5 billion deal.

    • Bill Mccoll
  7. Apr 1, 2024 · The deal will see Liberty Media acquiring approximately 86% of Dorna, with Dorna management retaining around 14% of its equity. The deal is expected to be completed by the end of 2024.

  8. Mar 27, 2024 · Liberty, which is chaired by telecoms and entertainment billionaire John Malone, is poised to agree the takeover of Dorna Sports after seeing off a rival bid from TKO, the sports and...

  1. People also search for