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Dorna Sports

From Wikipedia, the free encyclopedia
Motorcycle tarmac racing organisers

Dorna Sports, S.L.
Company typeSociedad Limitada
IndustrySports management
Founded27 May 1988; 37 years ago (1988-05-27)
in Madrid, Spain
Headquarters
Madrid
,
Spain
Area served
Worldwide
Key people
Carmelo Ezpeleta
(CEO)
Carlos Ezpeleta
(CSO)
Enrique Aldama
(COO andCFO)
Dan Rossomondo
(CCO)
ProductsMotoGP
WorldSBK
WorldSSP
ParentFormula One Group
Websitewww.dorna.com

Dorna Sports, S.L. (typically referred asDorna) is the commercial rights' holder for themotorcycling sport ofGrand Prix racing.

Established in 1988 as an international sports management and marketing company, it is headquartered in Madrid, with branch offices and/or subsidiaries in Barcelona, Amsterdam, London and Rome. Established byBanco Banesto asDorna promoción del deporte, the company was sold toCVC Madrid in 1998 as the operation developed internationally and was renamed Dorna Sports. Private equity group Bridgepoint has been the majority shareholder of Dorna since 2006.[1]

On 1 April 2024, it was announced thatLiberty Media planned to take over 86% of Dorna, valuing the purchase at €4.2 billion ($4.5 billion).[2] The deal was completed on 3 July 2025 after the approval from theEuropean Commission with Liberty Media acquiring 84% of the company instead of 86%, Dorna became part of theFormula One Group.[3][4][5]

Rights holdings

[edit]

Dorna is the exclusive holder of all commercial and television rights relating to theGrand Prix motorcycle racing andSuperbike World Championship.[6] The company also participates in the management and marketing of other motorsports properties, including theFIM JuniorGP World Championship.

The company previously promotedBritish Superbike Championship untilMotorSport Vision acquired the commercial rights for BSB in 2008.

The company gained the commercial rights for Grand Prix motorcycle racing after theFIM-IRTA war, starting in 1992 as part of a consortium withBernie Ecclestone and IRTA and as sole rights owner since 1993.[7] The company gained the commercial rights for Superbike World Championship in 2013 after its then ownerBridgepoint Group transferred Superbike World Championship from then sister companyInfront Sports (Infront previously acquired the founding promoter FGSport in 2007, Bridgepoint later acquired Infront in 2011).[6]

MotoGP

[edit]

Dorna recognised, with support from manufacturers, that a change was needed in the sport. The costs of developing specialist two-stroke engines, which created non-commercial end products, was not sustainable. Hence, in its efforts to bring about the change from 500cc racing to MotoGP four-stroke racing, Dorna has obtained the world championship organization rights from the FIM (Fédération Internationale de Motocyclisme) which is the world governing sole body of motorcycling with authority to organise motorcycle world championships.[citation needed]

Ownership

[edit]
Carmelo Ezpeleta, Dorna Sports CEO

Set up by Banco Banesto asDorna promocion del deporte, the company was sold toCVC Madrid in 1998 as the operation developed internationally and was renamed Dorna Sports. The purchase was closely supervised by AmericanHardy McLain, cost $80 million (approximately), half of which was needed to pay off Dorna debt. McLain, one of the founders of CVC and formerly an executive of Citibank (CVC was spun out of Citibank in 1981), was present at several motorcycle Grand Prix events in 1998 but, confident in the ability of Dorna CEO Carmelo Ezpeleta, has left the running of the company to the Spaniard, as well as the almost completely Spanish Dorna executive leadership.[8]

Sale to management

[edit]

In November 2005CVC Capital Partners announced it was to acquire the 25% and 48% shares of Bambino and Bayerische Landesbank in Formula One commercial rights' holderSLEC and acquired the shares of JPMorgan Chase in December 2005. This deal was given approval by theEuropean Commission on 21 March 2006 subject to the sale of Dorna Sports.[9]

By divesting Dorna, the Commission concluded that CVC's Formula One transaction would not cause competition concerns. Competition commissionerNeelie Kroes, said:“When the two most popular motor sport events in the EU, Formula One and Moto GP, come in the hands of one owner, there is a risk of price increases for the TV rights to these events and a reduction inconsumer choice. I am satisfied that the commitments given by CVC will eliminate this risk.”[10] Its final 71% stake in Dorna was sold by CVC for £400million on 28 March, selling the holding to Dorna Sports management.

In October 2023, third-party sources were reporting that Spanish news websiteEl Confidencial had suggested Dorna Sports could be available for sale at the price of2 billion.[11][12]

Liberty Media acquisition

[edit]

On 1 April 2024,Liberty Media announced that it had agreed with Dorna to acquire 86% of the company for €4.2 billion, with 14% being retained by Dorna's management team. This deal was expected to close by the end of 2024, subject to regulatory approval.[13] Due to a Phase-II investigation from the European Commission, it was delayed multiple times.[14] The European Commission later approved the deal and the deal was completed on 3 July 2025 with Liberty Media acquiring 84% of the company instead of 86%.[3] Dorna became part of theFormula One Group.[5]

Questionable practices

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In 2005, with the growth of the Internet, Dorna began the controversial practice of charging for Press Credentials for online publications. The "fee" varied from 100 euros to 1000 euros.

Controversy

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2025 MotoGP Legends/Hall of Fame split

[edit]

In 2025, the decision was announced to split the MotoGP Legends from the Hall of Fame. The new Hall of Fame would only constitute premier-class (MotoGP/500cc) riders, excluding those who were successful in the lower classes. This move has been criticized by the MotoGP community, who have called Dorna and Liberty Media out for "erasing history",[15] an example of this being Giacomo Agostini, who had won 15 world championship titles, being considered an 8-time champíon instead.[16]

References

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  1. ^"MotoGP and World Superbikes brought together - MotoGP News". Crash Media Group Ltd. 2 October 2012. Retrieved29 August 2016.
  2. ^Asher, Richard (10 April 2025)."EU to OK Liberty Media's €4.2bn purchase of MotoGP".Motorsport.com.
  3. ^abmotogp.com (23 June 2025)."European Commission approves Liberty Media's acquisition of MotoGP™".The Official Home of MotoGP. Retrieved23 June 2025.
  4. ^"European Commission approves Liberty Media's acquisition of Dorna".www.worldsbk.com. Retrieved23 June 2025.
  5. ^ab"Liberty Media completes acquisition of MotoGP | Crash.net".Crash.net. 4 July 2025. Retrieved4 July 2025.
  6. ^abSam Tremayne (2 October 2012)."Dorna to organise both World Superbikes and MotoGP from 2013".autosport.com.Haymarket Media Group. Retrieved20 March 2015.
  7. ^"In depth: Mike Trimby - The man from IRTA".BikeSport News. 19 October 2015. Retrieved5 July 2025.
  8. ^"SPEEDtv.com - NOYES: CVC, Owners of Dorna, Now Hold Controlling Interest in Formula One Too - written by Dennis Noyes Sports Commentary". Archived fromthe original on 27 May 2006. Retrieved26 June 2006.
  9. ^"Money". Archived fromthe original on 11 March 2007. Retrieved29 August 2016.
  10. ^http://ventureeconomics.com/evcj/protected/mthlyfeatures/1145454166779.html[permanent dead link]
  11. ^Are owners of MotoGP considering selling up? visordown.com, 20 October 2023. Retrieved 6 November 2023
  12. ^@elconfidencial (19 October 2023)."Bridgepoint explores with banks the sale of MotoGP for 2,000 million" (Tweet). Retweeted by matoxley. Retrieved6 November 2023 – viaTwitter.
  13. ^"Liberty Media Announces Agreement to Acquire Commercial Rightsholder of MotoGP™".Liberty Media Corporation. 1 April 2024. Retrieved31 May 2024.
  14. ^Coch, Mat (19 June 2025)."Critical date looming for Liberty Media's huge $4.8 billion MotoGP deal".PlanetF1. Retrieved20 June 2025.
  15. ^"OPINION: Erasing Moto2 & Moto3 Is Erasing MotoGP History | MotoMatters.com | Kropotkin Thinks".motomatters.com. Retrieved27 September 2025.
  16. ^Belmonte, Rui (25 September 2025)."Giacomo Agostini Slams MotoGP Title Controversy: Are Legends Being Erased from History?".M Sports. Retrieved27 September 2025.

External links

[edit]
International
National
Braves Group
Liberty Media Group
Liberty SiriusXM Group
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