CVC to sell Dorna.
The European Commission has ruled that private equity firm CVC Capital Partners can go ahead with its planned takeover of Formula ♚One - but only if it sells MotoGP rights holders, Dorna Sports.
🌃The Commission decided 🌟that having both Formula One and MotoGP under the same ownership would lead to TV price rises and a lack of choice for consumers.
CVC has owned Dorna - whose chief executive is Carmelo Ezpelet♐a (pictured) - since 1998 and seen its investment, like the MotoGP World Championship, go from strength to strength ever since.
The European Commission has ruled that private equity firm CVC Capital Partners can go ahead with its planned takeover of Formula O🅘ne - but only if it sellওs MotoGP rights holders, Dorna Sports.
The Commission decided that having both Formula One and MotoGP under the same ownership would lead to TV price rises and a lack of choice for consumꦐers.
CVC has owned Dorna - whose chief executive is Carmelo Ezpeleta (pictured) - since 1998 and seen its investment, l🌼ike the MotoGP World Championship, go from strength to strength ever since.
Peter has been in the paddock for 20 years and has seen V🍨alentino Rossi come and go. He i⛎s at the forefront of the Suzuki exit story and Marc Marquez’s injury issues.
