India, June 23 -- Liberty Media Corp. (FWONA, FWONK, LLYVA, LLYVK) received Monday unconditional approval from the European Commission to complete its acquisition of Dorna Sports, S.L., the exclusive commercial rights holder of the MotoGP World Championship.

The receipt of the European Commission's approval is the final condition to the transaction, which is now expected to close no later than July 3, 2025.

This acquisition enables Liberty Media to accelerate MotoGP's international appeal and bring captivating racing to a wider global audience.

Liberty Media will leverage its expertise in developing sports and entertainment assets to further expand MotoGP's fanbase and grow the sport commercially. Carmelo Ezpeleta, CEO of Dorna since 199...