Formula One owners Liberty Media buy MotoGP for $4.5 bn

Formula One owners Liberty Media have agreed to buy MotoGP on Monday in a deal valued at around $4.5 billion, the American company said.

MotoGP said in a statement that Liberty Media would acquire “approximately 86 percent” stake from Spain-based owners Dorna in a deal valued at 4.2 billion euros ($4.5 billion).