Six left in race to buy Dorna.
According to reports, six venture capital groups remain in the race to buy MotoGP commercial rights-holders Dorna Sports, which has been put up for sale with an estimated ?345 million price tag.
Venture capitalist CVC has been forced to sell its 75% stake in Dorna in order to take control of Formula One. CVC are estimated to have paid 'only' ?45 million for that stake in 1998. The remaining shares are owned by Dorna's management, headed by Carmelo Ezpeleta (pictured).
According to reports, six venture capital groups remain in the race to buy MotoGP commercial rights-holders Dorna Sports, which has been put up for sale with an estimated ?345 million price tag.
Venture capitalist CVC has been forced to sell its 75% stake in Dorna in order to take control of Formula One. CVC are estimated to have paid 'only' ?45 million for that stake in 1998. The remaining shares are owned by Dorna's management, headed by Carmelo Ezpeleta (pictured).
Times Online reports that the six groups still interested in purchasing Dorna are: Permira, PAI, Advent, Apax Partners, Bridgepoint and Lion Capital. Each has to submit a second-round bid towards the end of next month with a result expected shortly after.
Peter has been in the paddock for 20 years and has seen Valentino Rossi come and go. He is at the forefront of the Suzuki exit story and Marc Marquez’s injury issues.
