Formula 1 commercial rights owner, Liberty Media, can finally complete its acquisition of the MotoGP motorcycling world championship after receiving unconditional approval from the European Union’s European Commission executive arm.

Liberty Media’s acquisition of Dorna, the company which holds the commercial rights to MotoGP, is a watershed moment for world motorsport. The American organisation has revolutionised Formula 1, overseeing its incredible rise in popularity since purchasing it for $8 billion in 2017 and is expected to do the same for MotoGP.

Formula 1 owner Liberty Media says it is finally set to complete a deal to take control of motorcycle racing series MotoGP after receiving approval from the European Commission. Liberty Media says