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F1 Owner Shows Interest of €4billion in Acquiring MotoGP

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In the last few years, F1 has become one of the most renowned and viewed sports in Motorsports thanks to its worldwide race venues and famous drivers. Liberty Media, The company has three divisions, reflecting its ownership stakes in Formula OneSirius XM, and Live Nation Entertainment after 2016.  A recent intention of the company has shown interest in finalizing the purchase of MotoGP rights.

F1 media owner’s intention towards Moto GP purchase

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The Formula 1 owner, Liberty Media, is planning to acquire the MotoGP World Championship for an impressive sum of around €4 billion. This potential deal is expected to be announced in the coming days, just before the third round of the 2024 MotoGP season during the Americas Grand Prix scheduled for April 12-14.

If this acquisition materializes, it would mark a momentous moment in the world of motorsports, uniting the thrilling world of motorcycle racing with the high-speed drama of Formula 1.

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How will it affect fans and teams?

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Moin
Moin
I'm Moin Akhunji, a passionate sports writer renowned for my unique storytelling approach. My expertise spans across various sports, notably NASCAR, F1, and IndyCar. I hold a profound admiration for athletes like Chase Elliott and Dale Earnhardt Jr. When I'm not crafting articles, you'll likely find me trekking in the hills, indulging in my favorite hobby.
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