EU Scrutinizes Liberty Media's €4.2 Billion Deal

Liberty Media's proposed acquisition of an 86% stake in Dorna Sports, the organization behind the MotoGP championship, is currently under scrutiny by the European Union due to potential antitrust concerns. Valued at approximately €4.2 billion, this deal aims to bolster Liberty's sports portfolio, which already includes the ownership of Formula 1. The primary focus of the EU investigation is the possible impact on broadcasting and streaming markets, as the consolidation of two significant motorsport entities could hinder competition.

Led by EU antitrust chief Teresa Ribera, the investigation could enter a more detailed assessment phase by December 19, with the entire review process taking up to three months or more if further information is required. While the outcome could involve either unconditional approval or necessitate adjustments to the deal, Liberty Media remains optimistic about securing EU approval. The company has expressed confidence, citing the evolution of the sports market since previous antitrust decisions. This acquisition would further solidify Liberty's position in the motorsport industry, following its earlier purchase of Formula 1 in 2016 for $4.4 billion and a subsequent strategic shift towards its motorsport ventures.