ITALY - Bridgepoint to bid for World Superbikes' organiser

Rumour has it that mid-market firm Bridgepoint is one of the bidders for the company. The sale is being coordinated by Merrill Lynch.

Last summer, Bridgepoint bought Dorna, a motorcycle sports business that promotes and manages MotoGP (the Motorcycle Road Racing World Championship) for around EUR 550m. The seller, CVC, had received clearance by the EU Commission to go ahead with a planned takeover of Formula One, but only if it sold Dorna. The Commission decided that having both Formula One and MotoGP under the same ownership would lead to TV price rises and a lack of choice for consumers. Should Bridgepoint's bid for the Italian company go ahead, the firm may encounter the same monopoly-related issues.

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• Topics
• Buyouts
• Southern Europe