F1 owner Liberty Media is eyeing a $4.32 bn deal to buy up motorcycle racing series MotoGP. But it could face a big speed bump—competition watchdogs [Yahoo! Finance]
Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA)
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Source: Yahoo! Finance
Formula One owner Liberty Media is in talks to buy Dorna Sports, the company that owns the motorbike racing franchise MotoGP in a deal worth over €4 billion ($4.32 billion), the Financial Times reports. The potential purchase, which is still in the works, could mean two of the flagship racing championships will be run by the media company chaired by billionaire John Malone. “Essentially what they [Liberty] do is they lock down the two premier motorsports in the world— two wheel and four wheel—within their portfolio, which will bring some very interesting synergies,” Yanni Andreopoulos, a sports industry expert who served as a commercial director at Formula E, told Fortune on Thursday. A number of parties threw their hat in the mix to buy Dorna—from sports and entertainment group TKO and Paris Saint-Germain owner Qatar Sports Investments. The Madrid-based Dorna is involved in well-known sporting championships including MotoGP and MotoE, and is responsible for about 250 races spa
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- Greg Maffei's Liberty Media CEO Pay Rises to $28.7M in 2023 [Yahoo! Finance]Yahoo! Finance
LSXMA
Sec Filings
- 4/26/24 - Form 4
- 4/26/24 - Form 4
- 4/25/24 - Form DEF
- LSXMA's page on the SEC website