EU Investigating the Liberty Media MotoGP Deal, To Literally No One's Surprise

Media and Entertainment Media and Entertainment

Tue, December 24, 2024

[ Tue, Dec 24th 2024 ] - MSN

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EU Investigating the Liberty Media MotoGP Deal, To Literally No One's Surprise

^{Published on 2024-12-24 10:44:18 - MSN}

Formula One series owner Liberty Media thought it'd be cool to also control MotoGP, but should it? A long time ago, in a kingdom far, far away, there was a legal reason why movie studios (think Disney,

The European Union is investigating Liberty Media's acquisition of MotoGP, a move that has surprised no one given the regulatory scrutiny often faced by major sports acquisitions. Liberty Media, which already owns Formula 1, announced its intent to purchase MotoGP for $4.5 billion from Dorna Sports in early 2024. The EU's competition authorities are examining whether this deal could lead to monopolistic practices or reduce competition in the motorsport industry. This investigation follows a pattern seen with other high-profile sports takeovers, where concerns about market dominance and the impact on fans, teams, and other stakeholders are typically raised. The outcome of this investigation could influence how Liberty Media manages its growing portfolio of motorsport properties and might set precedents for future sports mergers and acquisitions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/autos/motorcycles/eu-investigating-the-liberty-media-motogp-deal-to-literally-no-one-s-surprise/ar-AA1wqLNn ]

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