F1 owner Liberty Media to acquire MotoGP

Liberty Media on Monday announced plans to acquire premier motorcycle racing series MotoGP in a deal valued at 4.2 billion euros (approximately $4.53 billion). It means the U.S. media giant will soon own the highest echelon of motorsports on both two and four wheels. Liberty Media is the same company that acquired Formula 1 in 2016, in a deal that…