Liberty Media has announced it is selling a $825million stake in Formula 1 to fund the purchase of MotoGP.It was announced in April that Liberty would acquire 86% of the shares of Dorna Sports, the Spanish company which has owned MotoGP since 1992.The deal was valued at $4.2billion, with the remaining stake staying with MotoGP management.Now a sale of over 10 million shares, priced at $77.50 per …Keep reading

Link to original post https://www.motorsport.com/f1/news/liberty-announces-sale-of-f1-stock-to-fund-motogp-takeover/10646549/?utm_source=RSS&utm_medium=referral&utm_campaign=RSS-ALL&utm_term=News&utm_content=www from Teknoids News

Read the original story