The American entertainment company, which owns the rights to Formula 1 since 2016, will take over Dorna, which has owned MotoGP since 1992 and also controls WorldSBK and the MotoE World Cup, in a deal valued at €4.2 billion.
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Liberty Media will acquire 86% of MotoGP, while MotoGP management will retain approximately 14% of their equity in the business.
The equity consideration to sellers is expected to be comprised of approximately 65% cash, 21% shares of Series C Liberty Formula One common stock and 14% retained MotoGP management equity.
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Dorna also holds exclusive rights to other motorcycle racing series, including MotoGP™ feeder series Moto2™ and Moto3™, the FIM Enel MotoE™ World Championship, the MOTUL FIM Superbike World Championship and the new FIM Women’s Circuit Racing World Championship.