F1 owner Liberty Media to confirm MotoGP takeover within days

Liberty Media 🃏could unveil MotoGP p▨urchase as early as Monday

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

The takeov♚er of MotoGP by Liberty Media, who also own F1, will reportedly be c🍬onfirmed in the coming days.

Greg Maffei, the Liberty Media president and CEO, will 🉐confirm the €4bn-plus transaction ൩before Wednesday this week,  report.

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

The deal will mean the two motorsport powerhouses - Formula 1 and MotoGP - are owne🎉d by the same company.

Last week,  reported that any deal would face regulatory scrutiny. But it now appears that confirmation of a dꦐeal is just days awꦡay.

They also reported that Liberty Media's suc🍨cessful swoop edged out a rival bid from TKO, the company which lists WWE and UFC as big-name sports bran🌺ds under its umbrella.

MotoGP’s rights are currently owned by Dorna. The Dorna shareholders are private equity firm Bridgepoint,&n༺bsp;Canada Pension Plan Investment Board, and Dorna’s senior management.

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

Through an enhanced focus on social media and the🦹 hugely popular Netfli๊x show ‘Drive To Survive’, Liberty Media is credited with growing the popularity of F1.

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

Taking over the premier motorcyc📖le racing series in the world would represent a new opportunity to g🔯row a championship’s popularity.

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