A bid to buy MotoGP which was🎃 worth €200m more than Liberty Media’s offer was re♎portedly rejected.

The rejected bid came from the TKO Group, who count Ultimate Fighting Champio༺nship and World Wres🦋tling Entertainment as the major attractions under their banner, according to the .

Private 𓃲equity firm Bridgepoint instead sold Dorna Sports, who owned MotoGP, to Liberty for €4.2bn including debt.

Liberty are also the owners of Formula 1 meaning they now have 🦋the world’s top car and motorcycle racing series.

But TKO were left fru🌳strated that their bigger offer was knocked back.

“We know that our🔯 bid was worth €200m more than the Liberty bid,” CEO Ari Emanuel🎃 told the Financial Times.

Bridegpoint did not ඣdispute the value of TKO’s bid to the Financiꦜal Times.

However, ‘a person close to the de🎀al’ was quoted as saying Emanuel and TKO were “culturally not a good fit”.

‘A person clo🍬se to TKO’ was quoted in response, claiming Bridgepoint “failed in its fiduciary duty not only to its LPs [limited partners] but to its shareholders in the public market”.

Liberty must seek🃏 regulatory approval to complete their purc💎hase of MotoGP.

Chief executive Greg Maffei insists they ar꧅e confident of achieving t♐his.

The doubt comes from a 2006 European Commission ruling which stopped the same owner from owning 🤪F1 and MotoGP o♌ver concerns that broadcasters would be disadvantaged when negotiating TV rights.

Liberty argue that the media market has changed significantlܫy since 2006, and they plan to keep MotoGP and F1 as separateℱ entities.

“We’re going to keep the compa💙ny independent,” Maffei sai👍d.

“We’re certainly not going to be trying to m൩erge and sell the productไ in the TV market as one.”