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View Full Version : MotoGP sold for $626 million.



Motu
20th July 2006, 22:19
Oh,so you didn't know it was for sale? Looks like you missed out on a bargin.....

http://f1.racing-live.com/f1/en/headlines/news/detail/060720103605.shtml

stanko
20th July 2006, 22:23
the 626 million was for a 75% share, so its worth a bit more

Ghost Lemur
20th July 2006, 23:30
Bit of a profit there for CVC. Bought for $80Mil, sold for over $600.

The business of running MotoGP worries me when I think too much.

It's a series which some of us greatly care for and are passionate about.

It'd be interesting to know who's behind Bridgepoint Capital. Generally "private equity firms" are like holding companies, and used by the extremely rich to invest.

I hope we don't see any negative effects from this.

Maybe it's my dirty pinko commie side, but I'd be a lot more comfortable and think it'd make a lot more sense if a not-for-profit organisation held the rights and ran the event. Money reinvested in the series rather than going to line one (or more's) back pocket, with the bottom line being all that matters.

**puts on tinfoil helmet**

**remembers the article he read last week that suggested tinfoil hats could actually AMPLIFY radio/micro/other-waves**

**crawls back under rock**

UrbanMyth
23rd July 2006, 11:54
That could buy me a lot of petrol.