MotoGP Racing Owners Said to Consider Taking Dividend From Dorna
- Dorna Sports is weighing a more than 200 million-euro dividend
- Talks with lenders at early stage, no final decision made
This article is for subscribers only.
Dorna Sports SL, the company that owns exclusive global rights for the motorcycle road racing championship MotoGP, is considering paying a dividend, according to people with knowledge of the matter.
As part of the plan, Dorna would refinance its existing debt and take out a loan to pay its shareholders a dividend of more than 200 million euros ($211 million), the people said, asking not to be identified because the deliberations are private. Majority owner Bridgepoint Advisers is holding preliminary talks with lenders about the potential deal and no final decision has been made, the people said.