Liberty Media, Formula One’s commercial rights holder, is reportedly set to add MotoGP to its portfolio of sports franchises in a deal valued at $4.32 billion.

The acquisition, which has been mooted since last year, would unite under one roof the pinnacle of four-wheeled racing with the premier motorcycle racing championship.

According to Sky News, Liberty Media CEO Greg Maffei could reportedly confirm the deal as early as Monday during a visit to Madrid, Spain, where Dorna Sports – parent company of MotoGP – is headquartered.

The move comes after exclusive talks were initiated between Liberty Media, chaired by telecoms magnate John Malone, and Dorna’s largest shareholder, Bridgepoint Group, a British private investment firm.

Bridgepoint currently owns roughly 40% of Dorna, with the remaining stake split between Dorna’s management and Canada Pension Plan Investment Board (CPPIB).

Dorna Sports, led by CEO Carmelo Ezpeleta, is not just responsible for MotoGP. The company also holds the commercial rights for the World Superbike Championship and the all-electric MotoE class.

Liberty Media’s acquisition would mark a major shift in the landscape of motorsports. It would also raise a number of questions, not the least are potential antitrust concerns by the European Commission.

Lewis Hamilton and Valentino Rossi sharing the track in 2019 after swapping rides.

Back in 2006, CVC Capital Partners faced scrutiny when it acquired Formula One and it was forced by the EU to divest its investment in MotoGP.

Speaking to Italy’s La Gazzetta dello Sport, motorcycle legend Giacomo Agostini Agostini said that he would expect “good things” from a Liberty takeover of Moto GP based on its stewardship of F1.

“Since we [MotoGP] are certainly no less in terms of entertainment, indeed, I may be biased, but I believe that our races are even more exciting, I think there is a good margin of growth,” commented the Italian.

Liberty’s move would open the door to the creation of crossover events or experiences for fans involving the two peak motorsport series.

The coming days will likely reveal more details about the potential union and its implications for the future of both Formula One and MotoGP.

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