Liberty Media moves into MotoGP with Quint Events purchase

The deal also gives Liberty a foothold in other sports and major events on the hospitality and entertainment side, including NASCAR’s Chicago street race, the NBA, Australian Open tennis and the Kentucky Derby.

The deal to buy “greater than 90%” of Quint, which is expected to be completed before the end of the year, values it at $313million. The two organisations will continue to be run as independent companies.

Quint has gained a lot of…