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TKO Group Holdings, Inc (NYSE:TKO) Q1 2024 Earnings Call Transcript

TKO Group Holdings, Inc (NYSE:TKO) Q1 2024 Earnings Call Transcript
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Liberty Media adds MotoGP to portfolio alongside Formula 1

Formula One owners Liberty Media buy MotoGP for $4 5 bn

US-based F1 owner Liberty Media announces MotoGP takeover

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.

US-based F1 owner Liberty Media announces MotoGP takeover for 4 2 billion Euros

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.

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