close global

Welcome to GPFans

CHOOSE YOUR COUNTRY

  • NL
  • GB
  • ES-MX
  • US
  • GB

Are you a F1 Fan? Follow GP Fans

Edition

NL GB ES-MX US
F1 owners ‘close’ to stunning £3.5 BILLION takeover of motorsport rival

F1 owners ‘close’ to stunning £3.5 BILLION takeover of motorsport rival

F1 owners ‘close’ to stunning £3.5 BILLION takeover of motorsport rival

F1 owners ‘close’ to stunning £3.5 BILLION takeover of motorsport rival

A multi-billion pound deal put forward by Formula 1's owners Liberty Media is 'close' to being completed, according to reports.

It was revealed earlier this month that the American mass media company were looking to expand their portfolio, with one particular motorsport series catching their eye.

READ MORE: Verstappen gives Red Bull VIOLENT warning

They have pioneered the success of Drive to Survive, a North American expansion and rapid worldwide growth for F1, and may be looking to do the same thing with a two-wheeled sport.

MotoGP has also been the subject of huge growth in recent times, and it has been discussed the idea of a race weekend in which both motorbikes and F1 cars race around the same circuit.

MotoGP could be next in Liberty Media's portfolio

Liberty Media MotoGP deal 'close'

Now, a crossover may be even more likely to happen, with an announcement on Liberty Media's deal to acquire MotoGP expected some time next week.

That's according to the Financial Times, who have also revealed that Qatar Sports Investments - the owners of French football club Paris Saint Germain - were also interested in a deal.

They say that buying MotoGP would give Liberty Media, led by chief executive Greg Maffei, the chance to prove that its success in growing the popularity of F1 was not a one-off.

MotoGP heads to the US next month for the third race of their 2024 season, and it could provide a perfect opportunity for the proposed new owners to make a statement and be present at the Circuit of the Americas.

READ MORE: Ricciardo set to be replaced at Japanese Grand Prix

Related

Formula 1 Drive to Survive Liberty Media Gerhard Berger MotoGP
F1 rocked by SHOCK double resignation
Latest F1 News

F1 rocked by SHOCK double resignation

  • November 14, 2024 09:57
Key F1 chief RESIGNS in shock exit
Latest F1 News

Key F1 chief RESIGNS in shock exit

  • November 13, 2024 17:56

Latest News

F1 Today

F1 News Today: Hamilton FRUSTRATION revealed as seven-time champion makes LAST RACE announcement

  • 58 minutes ago
Las Vegas Grand Prix

F1 2024 Las Vegas Grand Prix weather forecast - latest today as conditions set to cause havoc

  • 1 hour ago
Las Vegas Grand Prix

The Sphere: All you need to know about the dome dominating F1’s Las Vegas GP

  • 1 hour ago
Latest F1 News

Norris DISMISSES major championship rival ahead of Las Vegas GP

  • 2 hours ago
Lewis Hamilton

Wolff reveals HUGE Hamilton change ahead of Ferrari switch

  • 3 hours ago
Las Vegas Grand Prix

Controversial Las Vegas Grand Prix set for HUGE changes

  • Today 12:15
More news

F1 Race Calendar 2024

Complete kalender 2024

Related news

More news

F1 Standings

Do Not Sell My Personal Information
Ontdek het op Google Play
x