Bridgepoint sells MotoGP owner Dorna Sports to F1’s Liberty Media in €4.2bn deal

Apr 5, 2024 | News

Bridgepoint, a listed private asset growth investor, has sold its investment in Dorna Sports, which holds the global rights to organise the MotoGP and WSBK Championships, to Liberty Media, in a transaction which values the company at €4.2bn.

Bridgepoint has been an investor in the business since 2006, with the transaction representing a full realisation of existing stake along with that of Canada Pension Plan Investment Board (CPP Investments) and management, to Liberty Media, which holds the exclusive commercial rights for the FIA Formula One World Championship.

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The transaction, which is subject to customary conditions and regulatory approvals, is expected to complete later in 2024.

William Jackson, chairman of Bridgepoint Group plc and of Dorna Sports, said: “We’re proud to have partnered with Dorna and its management team for the past 18 years during which time Moto GP has become one of the true global sports brands and enjoys huge success. The partnership has seen MotoGP grow its fan base across five continents and become the world’s most exciting sport.”

Source: Private Equity News

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