Liberty Media Expands Its Sports Portfolio with MotoGP Acquisition
Deal News | Jul 10, 2025 | Paul Hastings
Paul Hastings LLP has served as the legal advisor for BNP Paribas, alongside other financial arrangers, in relation to the financing of Liberty Media Corporation's strategic acquisition of Dorna Sports. Dorna Sports holds the exclusive commercial rights to the MotoGP World Championship. This acquisition bolsters Liberty Media's Formula One Group, incorporating MotoGP along with its subsidiaries and minority investments. The legal team spearheaded by Paul Hastings' Global Finance partner, Ismael Duran, signifies another high-profile advisory role undertaken by the law firm. Key team members included partners Daniel Nicholas and William Lam, along with associates Christine Geils, Celia Scherman, and Emily Schiller. Paul Hastings, renowned for its comprehensive legal services, consistently delivers strategic outcomes for leading global corporations.
Sectors
- Legal Services
- Sports Entertainment
- Corporate Finance
Geography
- United States – Liberty Media Corporation, the acquiring company, is based in the United States.
- Spain – Dorna Sports, the target company, is headquartered in Spain.
Industry
- Legal Services – Paul Hastings LLP provided legal advisory services for the financing of the acquisition.
- Sports Entertainment – Dorna Sports, the target company, holds the commercial rights to the MotoGP World Championship.
- Corporate Finance – The involvement of BNP Paribas and other arrangers to provide financing facilities indicates significant financial services participation.
Financials
- Not disclosed – The article does not disclose the financial terms of the acquisition.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Paul Hastings LLP | Legal Advisor | Company | Provided legal advisory services for the financing aspects of the acquisition. |
| BNP Paribas | Financial Arranger | Company | Acted as one of the arrangers for the financing of the acquisition. |
| Liberty Media Corporation | Acquirer | Company | Acquired Dorna Sports to bolster its Formula One Group. |
| Dorna Sports | Target Company | Company | Holds the exclusive commercial rights to the MotoGP World Championship. |