MotoGP: European Commission extends independent media takedown investigation – Road Racing World Magazine

Liberty Media has announced today that it has been notified that the European Commission is opening a more in-depth (Phase II) investigation into MotoGP’s plans to acquire it. The deal to acquire MotoGP was announced in April and has since received all necessary regulatory approvals.

Due to the opening of the secondary investigation, all parties have agreed to extend the review process and believe that the European Commission will reach a positive conclusion.

Carmelo Izpeleta, CEO of MotoGP rights holder Dorna Sports:

“We look forward to this acquisition receiving the necessary EU approvals and are excited about the opportunity to work with Liberty Media. In the meantime, we remain committed to taking the sport to new heights and continuing our incredible growth momentum, expanding our global fan base of more than 500 million. . 2024 season more than 3 million fans attended for the first time and six tracks They set new all-time records for their event. Our French GP broke the all-time attendance record. Looking forward, we want more than just the same – and we’re proud to have started to deliver. We hope the fans are excited about the future and the new season.

William Jackson, Chairman of the Board of MotoGP (Dorna Sports) and Founder of Bridgepoint:

“MotoGP is the most exciting sport in the world and the future is bright. Bridgepoint and CPBB have been great supporters of the company and the sport and remain fully committed to helping Carmelo and the team build on the sport’s incredible success in 18 years as shareholders.

MotoGP continues to build for the future and establish itself as a leading sports and entertainment property, with its competitive reviews continuing. The most exciting sport on earth has a global fan base of over 500 million and aims to expand to new, young and diverse audiences around the world.

Our new brand identity, under development since 2023, reflects the ideals of MotoGP. MotoGP is poised to transcend sport and further our cultural sensibility, with a strengthened management team and internal changes paying dividends in our mission to become a household name.

MotoGP is already seeing huge audiences and registering huge crowds and the proposed acquisition by Liberty Media will accelerate this ongoing evolution to the benefit of all the sport’s stakeholders.