Commission approves the acquisition of Dorna by Liberty Media without conditions

European Commission - Press release Commission approves the acquisition of Dorna by Liberty Media without conditions Brussels, 23 June 2025 The European Commission has unconditionally approved the proposed acquisition of Dorna Sports S.L. (‘Dorna') by Liberty Media Corporation (‘Liberty Media') under the EU Merger Regulation. The Commission concluded that the merger would not raise competition concerns in the European Economic Area (‘EEA'). Today's decision follows an in-depth investigation of the proposed transaction. Liberty Media and Dorna are both international media companies. Liberty Media owns interests in a broad range of media, sports and entertainment businesses, including the motorcar competition Formula 1. Dorna is the organiser and holder of the commercial rights for the motorcycle competition FIM World Championship Grand Prix (‘MotoGP'). According to Liberty Media, the transaction will allow it to use its experience in media, sports and entertainment, including with Formula 1, to grow the reach and appeal of MotoGP. The Commission's investigation In the context of its in-depth investigation, the Commission assessed whether the transaction would reduce competition in the licensing of broadcasting rights for sports content. More specifically, the Commission found that: Formula 1 and MotoGP face competitive constraints from several other types of sports content. Based on its market investigation, the Commission found that, in terms of the...