Liberty Live Group Finalizes Acquisition of MotoGP Commercial Rights

Liberty Live Group (NASDAQ:LLYVK) is one of the best new stocks to buy now. On June 23, Liberty Live Group, or Liberty Media, announced that it had received unconditional approval from the European Commission for its acquisition of Dorna Sports, which is the exclusive commercial rights holder of the MotoGP World Championship. The approval marks the final condition for the transaction, which is expected to close no later than July 3.

MotoGP commenced its first season in 1949 with 6 European rounds and has expanded to feature 22 races across 18 countries in the 2025 season, and has reached hundreds of millions of viewers internationally. Under the acquisition, Liberty Media will acquire an 84% stake in Dorna, with Dorna management retaining the remaining 16%. The transaction reflects an enterprise value for Dorna of €4.3 billion and an equity value of €3.7 billion.

Liberty Live Group Finalizes Acquisition of MotoGP Commercial Rights

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A director of Liberty Media and former CEO of Formula 1, Chase Carey, and the former Managing Director of Commercial Operations at Formula 1, Sean Bratches, will join Carmelo Ezpeleta and Enrique Aldama (Dorna’s COO and CFO) on Dorna’s board of directors as this transaction closes. Liberty Media has secured all necessary regulatory approvals in other relevant jurisdictions for this acquisition.

Liberty Live Group (NASDAQ:LLYVK) is a live entertainment company.

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Disclosure: None. This article is originally published at Insider Monkey.