News has learned that while in Madrid as early as Monday, Liberty Media Corporation president and CEO Greg Maffei is expected to make the largest corporate news in the motorsport industry in years.
The agreement has been planned for some weeks; earlier this month, News disclosed that Liberty was in negotiations to purchase Dorna Sports for a sum of €4 billion.
According to reports on Sunday, the final price may be marginally more than that record-breaking amount. One of them stated that an official announcement would be made by Wednesday.
For Bridgepoint, the London-listed private equity firm that has controlled MotoGP through many entities for the past eighteen years, the price will be a spectacular return.
The private equity firm owns about 40% of Dorna, while the Canada Pension Plan Investment Board (CPPIB) has a somewhat smaller stake.
