US-based F1 owner Liberty Media announces MotoGP takeover in US$4.5b deal
PARIS, April 1 — Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around US$4.5 billion (RM21.3 billion), the American company said.
MotoGP said in a statement that Liberty Media would acquire “approximately 86 per cent” stake from Spain-based owners Dorna in a deal valued at €4.2 billion.
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