Formula 1 owners Liberty Media and their planned takeover of MotoGP's parent company Dorna will be decided by the European Union antitrust regulators by December 19th, Afrosport reports. Liberty Media had announced in April that it would acquire about 86% of Dorna, with Dorna management retaining around 14% of its equity, which would give the deal an enterprise value of €4.2 billion and €3.5 billion in...
Formula 1 owners Liberty Media have announced that its president and CEO Greg Maffei will leave his role by the end of 2024 when his existing contract expires, Afrosport reports. Maffei joined the American company in 2005 and became its CEO in February 2006 but will be leaving after opting not to renew his contract. He will be replaced on an interim basis by Liberty chairman...
Liberty Media CEO Greg Maffei has revealed that seven-time Formula 1 world champion Lewis Hamilton has shown interest in purchasing a team in MotoGP, Afrosport reports. Liberty, who owns the Formula 1 Group, acquired 86% of the shares of Dorna Sports, worth $4.2 billion. The American media corporation now has the chance to revolutionise the pinnacle of motorcycle racing as it has with car racing since...
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