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AFP News

Formula One Owners Liberty Media Buy MotoGP For $4.5 Bn

MotoGP Liberty Media Liberty Carmelo Ezpeleta Dorna

Formula One proprietors Liberty Media agreed to acquire Dorna the owners of MotoGP (Credit: AFP)

Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said.

MotoGP said in a statement that Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna in a deal valued at 4.2 billion euros ($4.5 billion).

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