Joined Feb 2007
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Rovrum S,Yorks Eng
MotoGP's parent company takes control of World Superbikes
MotoGP's parent company Bridgepoint has taken 100 per cent control of InFront Sports and Media, owners of the World Superbike Championship, for an undisclosed sum but insists the two series will be organised and run separately.
The deal was finalised today with Bridgepoint buying 100 per cent of the shares. The firm says it will encourage the further development of Superbike and MotoGP, and Dorna and Infront Motor Sports are each fully committed to the long-term relationship with the Fédération Internationale de Motocyclisme (FIM) as their strategic partner as well as the successful partnerships with teams and manufacturers, circuit owners, sponsors, broadcasters and other stakeholders of the series.
“Bridgepoint is the strong new strategic investor we have been looking for. The company is fully committed to actively contribute to Infront’s ambitious expansion plans and to support our solid international team – Bridgepoint shares our long-term vision," said Philippe Blatter, Infront’s President & CEO.
"We are convinced that the new and strengthened ownership structure will not only form an even stronger basis for the future success of Infront, but will be of great benefit to our valued partners and clients. With Bridgepoint as our shareholder, we are in a position to tackle many additional opportunities now presented by the market while remaining highly focused on the continued delivery of high quality services to our clients and partners in all areas of our existing business.”
http://www.bikesport...kes&newsid=5509
MotoGP's parent company Bridgepoint has taken 100 per cent control of InFront Sports and Media, owners of the World Superbike Championship, for an undisclosed sum but insists the two series will be organised and run separately.
The deal was finalised today with Bridgepoint buying 100 per cent of the shares. The firm says it will encourage the further development of Superbike and MotoGP, and Dorna and Infront Motor Sports are each fully committed to the long-term relationship with the Fédération Internationale de Motocyclisme (FIM) as their strategic partner as well as the successful partnerships with teams and manufacturers, circuit owners, sponsors, broadcasters and other stakeholders of the series.
“Bridgepoint is the strong new strategic investor we have been looking for. The company is fully committed to actively contribute to Infront’s ambitious expansion plans and to support our solid international team – Bridgepoint shares our long-term vision," said Philippe Blatter, Infront’s President & CEO.
"We are convinced that the new and strengthened ownership structure will not only form an even stronger basis for the future success of Infront, but will be of great benefit to our valued partners and clients. With Bridgepoint as our shareholder, we are in a position to tackle many additional opportunities now presented by the market while remaining highly focused on the continued delivery of high quality services to our clients and partners in all areas of our existing business.”
http://www.bikesport...kes&newsid=5509
