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home / news releases / formula one group why i am critical of the motogp ac

FWONK - Formula One Group: Why I Am Critical Of The MotoGP Acquisition

Liberty Media Corporation Series C

2024-06-26 15:08:50 ET

Summary

  • Liberty Media plans to acquire a majority stake in MotoGP's commercial rights holder, Dorna S.L, for its Formula One Group segment.
  • I believe this acquisition to be a mistake as it dilutes F1's premium appeal as a standalone business and deteriorates its balance sheet.
  • The core business, meanwhile, continues to perform strongly.

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For further details see:

Formula One Group: Why I Am Critical Of The MotoGP Acquisition
Stock Information
Company Name: Liberty Media Corporation Series C
Stock Symbol: FWONK
Market: NASDAQ
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