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"We are excited to expand our portfolio of leading live sports and entertainment assets with the acquisition of MotoGP,"
- MotoGP is the queen class when it comes to motorcycle racing. Its racers reach speeds of up to 360 kilometers per hour on circuits.
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The sport has been around since 1949 and has grown steadily in recent years. Currently there are 21 races on five continents. In each, 22 drivers from 11 teams participate. The current championship is two races. On
April 14 , the next race is scheduled inthe United States . - Many fans find MotoGP more exciting than Formula 1 because the outcome is much less predictable. Last year, for example, as many as eight different riders live a race, something that barely happened twice in F1 over the past 30 years.
Dorna Sports
In addition to MotoGP,
Liberty Media takes over 86 percent ofDorna Sports , while the current management retains 14 percent.Carmelo Ezpeleta , who has been CEO since 1994, will remain on board and the headquarters will also remain inMadrid .-
For that 86 percent stake,
Liberty Media will pay$3.5 billion (3.25 billion euros ). That brings the estimated value ofDorna Sports to$4.2 billion (3.9 billion euros ). The sale should be officially completed by the end of this year.
Future?
It is well known that the arrival of
- Recently,
Liberty Media reportedly rejected a$20 billion bid fromSaudi Arabia for F1. However, it paid only$4.4 billion itself in 2017.
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