MotoGP »

Bridgepoint new shareholder in Dorna.

MotoGP promoter Dorna Sports has a new investor in the shape of capital company Bridgepoint, after previous stakeholder CVC Capital Partners offloaded the company as part of its acquisition of F1 rights from Bernie Ecclestone.

After a six-way bidding 'war' to acquire the rights to the successful two-wheeled race package, Bridgepoint emerged as the candidate to replace CVC as a shareholder in Dorna, which retains exclusive rights to promote and manage MotoGP. As usual, the value of the transaction has not been made public, although pre-sale reports suggested that the stake was being offered at an estimated £345million price tag.

Dorna CEO Carmelo Ezpeleta welcomed the new investor.

"I am delighted to have Bridgepoint as a partner for the next phase in the development of Dorna, and I am sure that they will make a significant contribution to the growth of the business," he said.

Once it became clear that CVC was the new owner of the F1 rights, the European Commission ruled that it had to sell its involvement in Dorna, having decided that having the two premier motorsport categories under the same ownership could lead to monopoly problems. Having got its hands on F1, however, CVC did not appear too reluctant to part company with MotoGP, having seen its investment go from strength to strength since its £45million acquisition in 1998.

Bridgepoint is understood to have fought off competition from Permira, PAI, Advent, Apax Partners and Lion Capital in the race to acquire Dorna.

"Bridgepoint has followed Dorna for some years and is pleased to take over as its principal shareholder at an exciting time in the development of the motorcycle world championships," managing partner William Jackson said, "Dorna has an outstanding management team which has the passion, commitment and ability to continue the successful development of a unique sports business with an unrivalled heritage."

The FIM has been informed about the change of ownership.

Related Pictures

Click on relevant pic to enlarge
Pedrosa leads at start, German MotoGP Race 2006
Carmelo Ezpeleta - Dorna, Qatar MotoGP 2006
Melandri leads Start, British MotoGP, 2006
Dorna TV, Aragon MotoGP 2016
Dorna TV, Aragon MotoGP 2016
Ezpeleta, Rossi, British MotoGP, 2016
Criville becomes MotoGP legend (Dorna).
Dorna TV camera, French MotoGP 2016
Marquez falls at Qatar test (pic: Dorna)
Vinales gets ride in F-18 fighter jet (pic: Dorna).
Ezpeleta, Ippolito, Poncharal, Dutch MotoGP 2015
Ezpeleta and Ippolito, Dutch MotoGP 2015
Ezpeleta, Ippolito, Poncharal, Dutch MotoGP 2015
Ezpeleta and Jarvis, Italian MotoGP 2015
Ezpeleta and Jarvis, Italian MotoGP 2015
Ezpelteta and Ippolito, Italian MotoGP 2015
Ezpelteta and Ippolito, Italian MotoGP 2015
Ezpelteta and Ippolito, Italian MotoGP 2015

Start the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.

© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.