The European Commission has granted unconditional approval for Liberty Media’s MotoGP takeover from exclusive commercial rights holder Dorna Sports.
The move, valued at approximately €4.3 billion, marks the final regulatory hurdle for the transaction which is now expected to close no later than July 3, 2025, ushering in a new era for the world’s premier motorcycle racing series.
Liberty Media, the American media conglomerate that already owns Formula One, will acquire an 84% stake in Dorna Sports while the remaining 16% will stay with the current management team led by CEO Carmelo Ezpeleta, who has been at the helm since 1998.
The European Commission’s approval came after a comprehensive review process that began following Liberty Media’s announcement of its intent to purchase MotoGP in April 2024.
The Commission scrutinized the deal closely, particularly over concerns that the merger could lead to monopolistic practices or inflate broadcasting rights prices for motorsport events.
However, after an in-depth investigation the Commission concluded that Liberty Media and MotoGP are not close competitors in the European markets and found no evidence of undue influence from Liberty Media’s largest shareholder, John Malone, over cable operator Liberty Global.
While the deal also includes the acquisition of the production bike racing series WorldSBK, there were initial expectations that the European Commission might require a separation of MotoGP and World Superbikes as a condition for approval.
However, the final decision did not impose such requirements, allowing Liberty Media to integrate both series under its management.
“We are very happy that the European Commission has approved the transaction,“ said CEO Ezpeleta. “This is an important milestone confirming the even brighter future that lies ahead for MotoGP.
“MotoGP is one of the most thrilling sports on Earth, and we look forward to accelerating the sport’s growth and expanding its reach to even more fans around the world.
“Liberty is the best possible partner for our sport and the entire MotoGP community, and we are excited to create even greater value for our fans, commercial partners and everyone competing.”
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Liberty Media President and CEO Derek Chang added: “Today’s approval from the European Commission marks the final condition to closing Liberty Media’s MotoGP takeover.
“MotoGP is a highly attractive premium sports asset with incredible racing, a passionate fanbase and a strong cash flow profile.
“We believe the sport and brand have significant growth potential, which we will look to realize through deepening the connection with the core fan base and expanding to a wider global audience.”
The immediate focus for Liberty Media and Dorna Sports will be to establish a joint working group that will map out the next phase of MotoGP’s development.
Initial sessions are scheduled to begin in Madrid, Dorna’s headquarters, in the second week of July. The group will prioritize widening MotoGP’s international reach, especially in key markets such as the US and boosting its commercial footprint through strategic management of TV rights, sponsorship, and advertising.