Sports

Formula 1 Owner Liberty to Buy MotoGP in $3.8 Billion Deal

Liberty Media buying MotoGP’s rights holder Dorna Sports
Motorcycle racing league MotoGP hosting 21 races this season

Jose Antonio Rueda of Spain and Red Bull KTM Ajo leads the field during the MotoGP Portugal race in Lagoa, Portugal, on March 24. — Jose Antonio Rueda of Spain and Red Bull KTM Ajo leads the field during the MotoGP Portugal race in Lagoa, Portugal, on March 24.
Photographer: Mirco Lazzari gp/Getty Images

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By Lynn Doan

April 1, 2024 at 11:32 AM UTC

Updated on

April 1, 2024 at 11:55 AM UTC

This article is for subscribers only.

Formula 1 owner Liberty Media Corp. is buying the motorcycle racing league MotoGP World Championship from Bridgepoint and Canada Pension Plan Investment Board as part of a $3.8 billion (€3.5 billion) deal.

Liberty Media is taking over Madrid-based MotoGP by buying its exclusive rights holder Dorna Sports with a combination of cash and shares of Series C Liberty Formula One common stock. The deal will bring one of the world’s biggest motor-racing brands and MotoGP — often described as the two-wheeled equivalent of Formula 1 — under a single roof.