F1 owner Liberty Media to confirm MotoGP takeover within days

Liberty Media could 🍎unveil MotoG🦹P purchase as early as Monday

Francesco Bagnaia, MotoGP race, Portuguese MotoGP, 24 March
Francesco Bagnaia, MotoGP race, Portuguese MotoGP, 24 March

The takeover of Mo♛toGP by Liberty Media, who also own F1, will reportedly be confirmed in the coming days.

Greg Maffei, the Liberty Media president and CEO, will confirm 🍸the €4bn-plus transaction before Wednesday this week,  report.

Ma൲ffei could ꦡeven announce the huge deal on Monday, on a trip to Madrid.

The deal will mean the two motorsport powerhouses - Formula 1 and MotoGP - are owned by the same♐ company.

Last week,  r♎eported that any deal would face regulatory scrutiny. But it now app🐭ears that confirmation of a deal is just days away.

T🎶hey also reported that Liberty Media's successful swoop edged out a rival bid from TKO, the company which lists WWE and UFC as big-name sports brands under its umbrella.

MotoGP’s rights are currently owned by Dorna. The Dorna shareholders are private equity firm Brid🎀gepoint, Canada Pen🌃sion Plan Investment Board, and Dorna’s senior management.

Liberty Media, who Forbes rank as the world’s rich﷽est sports empire, took over F1 in 2016.

Thro𝄹ugh an enhanced focus on social media and the hugely popular Netflix show ‘Drive To Survive’, Liberty Media is credited with growing the populaꦗrity of F1.

They have added races in Las Vegas and Mꦅiami, as well as in Jeddah and Doha.

Taking over the premier motorcycle racing series in the world would repre💙sent a 🅠new opportunity to grow a championship’s popularity.

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