The takeover of MotoGP by Liberty Media, who alꦆso 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 Wedne𒁃sday this week,  report.

Maffei could even announce the huge deal on Monda൩y, on a trip to Madrid.

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

Last week,  reported tha꧃t any deal would face regulatory scrutiny. But it now appears that confirmation of a deal is just days away.

They also reported that Liberty Media's successful swoop edged out a rival bid fro♊m TKO, the company which lists WWE and UFC as big-name sportsཧ brands under its umbrella.

MotoGP’s rights are currently owned by Dorna. The Dorna shareholders are private equity firm Bridgepoint,&nb♓sp;Canada Pension Plan Investment Board, and Dorna’s senio🎃r management.

Liඣberty Media, who Forbes rank as the world’s richest sports empire, took over F1 in 2016.

Through an enhanced focus o♐n social media and the hugely popular Netflix show ‘Drive To Survive’, Liberty Media is credited with growing the popularity of F1.

T♊👍hey have added races in Las Vegas and Miami, as well as in Jeddah and Doha.

Taking over the premier motorcycle racing series in the world would r♔epresent a new op♓portunity to grow a championship’s popularity.