Key facts
- MotoGP and its five manufacturers (Aprilia, Ducati, Honda, KTM, Yamaha) have signed a new agreement.
- The deal is modeled after Formula 1's Concorde agreement and aims to commercialize MotoGP until 2031.
- The agreement focuses on sporting, technical, and commercial dimensions to ensure competitiveness and appeal.
- A separate agreement with the 11 teams is pending announcement.
- Liberty Media acquired an 84% stake in Dorna Sports, the operator of MotoGP, for around £4 billion.
MotoGP and its five manufacturers have entered into a new partnership agreement, mirroring the structure of Formula 1's Concorde agreement, which is set to run until 2031. This landmark deal aims to enhance the commercial aspects of the sport, ensuring continued competitiveness, technological relevance, and global appeal.
The agreement was signed by Aprilia, Ducati, Honda, KTM, and Yamaha. A secondary agreement involving the 11 teams is expected to be announced at a later date.
Carmelo Ezpeleta, chief of the MotoGP Group, described the deal as a "defining" moment that provides a strong foundation for future growth. He also highlighted the existing partnership with the FIM through to 2060, which offers a platform for continued development and a new phase for the sport.
This development follows Liberty Media's acquisition of an 84% stake in Dorna Sports, the entity that operates MotoGP, for approximately £4 billion. MotoGP management retains a 16% stake, with Ezpeleta continuing in his role as chief executive. The company was recently rebranded as MotoGP Sports Entertainment Group, and it repriced its debt earlier this year.
Stakeholders are collaborating to identify opportunities for improving both the technical and sporting elements of the championship, with a particular emphasis on safety and delivering a superior product for fans. This collective approach is intended to guide MotoGP's progression while preserving its core identity as a premier motorcycle racing series.