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Private equity firm CVC circling MotoGP purchase

MotoGP may have new owners this year. And leading the pack of potential buyers is its one time owner CVC Capital Partners, a financial investor which has a large presence in London A value in excess of 1bn is being placed on it and its owners, Spanish marketing company Dorna, by the Financial Times which says there could be fierce competition from other European bidders. It quotes a banker as saying: 'People pay a lot of money for these rights. It’s almost got no capital expenditure and very high margins. It’s a cash machine.” It is highly likely that the Dorna management, led by Carmelo Ezpeleta, and owning circa 20% of the business, would be very happy to welcome CVC back. It is...
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