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Goldman Sachs: Leads Banks for $850M Loan for Liberty Media’s Acquisition of MotoGP

Goldman Sachs is leading a consortium of banks in arranging an $850 million leveraged loan for Liberty Media Corporation, aimed at financing its acquisition of the MotoGP World Championship.

Close-up of Goldman Sachs bank flag waving. PHOTO: Shutterstock
Close-up of Goldman Sachs bank flag waving. PHOTO: Shutterstock

This move comes after Liberty Media, which owns Formula 1, announced in April its plans to purchase the motorcycle racing league from Bridgepoint and the Canada Pension Plan Investment Board in a deal worth $3.8 billion.

The acquisition is creatively structured,

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