MotoGP is up for sale
MotoGP is up for sale on the eve of the new season - in a deal which will mean British Superbikes must also put up the ‘For Sale’ sign.
Current rights owner Dorna is owned by private equity firm CVC. CVC wants to buy Formula 1's commercial holding company. The European Commission has ruled that’s ok – as long as they sell off Dorna, according to motorsport.com
Dorna also owns the rights to British Superbikes. YOUR NEXT BIKE:
Bikes For Sale here
Tests and user reviews here Competition Commissioner Neelie Kroes, said: "When the two most popular motor sport events in the EU, Formula One and MotoGP, come in the hands of one owner, there is a risk of price increases for the TV rights to these events and a reduction in consumer choice. I am satisfied that the commitments given by CVC will eliminate this risk”.
No timings have yet been announced but CVC says it has been given “adequate time” to sell off its bike racing interests. Need kit? 1600 items reviewed here
Fantasy Road Race here Dorna also owns the rights to the FIM Supercross World Championship and the Spanish Road Racing Championship.