Liberty Media, which owns Formula 1, is now the majority stakeholders of the MotoGP, with the company planning to grow the event in “underpenetrated markets”. Industry insiders say the Phillip Island event could soon be ramped up: “rather than running a motor race they run a spectacle ... They will do to the MotoGP what they have already done to Formula 1.”
Negotiations to secure the MotoGP at Phillip Island beyond the 2026 event are un...
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