Dorna will stay an independently run company attributed to Liberty Media s Formula One Group tracking stock and continue to be based in Madrid, with long-serving Dorna CEO Carmelo Ezpeleta remaining in his position.
The deal will see Liberty Media acquire about 86 per cent of Dorna, the current promoters of MotoGP with Dorna management retaining around 14 per cent of its equity. The deal is expected to be completed by the end of 2024.