Liberty Media Secures EU Approval for Dorna Sports Acquisition
Liberty Media's acquisition of Dorna Sports, owner of MotoGP, has been approved by EU regulators. The European Commission found no competition reduction in sports broadcasting rights. The deal, valued at 3.5 billion euros, was first announced in April 2024, offering growth opportunities for MotoGP.
- Country:
- Belgium
EU regulators have given the green light to Liberty Media's acquisition of Dorna Sports, the owner of MotoGP. This decision, delivered by the European Commission, comes without conditions and supports Liberty Media's aim to expand MotoGP's global reach and appeal.
The commission's decision followed an in-depth investigation to determine whether this 3.5-billion-euro transaction would diminish competition in the arena of sports content broadcasting rights licensing. Findings indicated that Liberty Media and Dorna Sports are not primary competitors in this market, according to the commission's statement.
This approval ensures that competitive factors between Formula 1 and MotoGP remain intact. This development was anticipated by industry observers, following Reuters' April report forecasting EU regulator approval of the acquisition.
(With inputs from agencies.)
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