The takeover of Mot𒐪oGP by Liberty Media, who also ꦡown F1, will reportedly be confirmed in the coming days.

Greg Maffei, the Liberty Media president and CEO, will confirm the €4bn-plus transaction before Wednes🍒day this week,  report.

Maffei could even announce thꦡe huge deal on Monday, on a trip to Madrid.

The deal will mean the two motorsport powerhouseꦅs - Formula 1 and MotoGP - are owned by the same company.

Last week,  reported that any deal would face regulatory scrutiny. But it now appearsꦅ that confirmati𒁏on of a deal is just days away.

They also reported that Liberty Media's successful swoop edged out a rival bid from TKO, the company which lists WWE and UFC as big-name sports brands under its u🥀mb💞rella.

MotoGP’s rights are currently owned by Dorna. The Dorna shareholders are private equity firm Bridgepoint, Canada Pension Plan💞 Investment Board, and Dorna’s senior management.

Liberty Media, who Forbes rank as the world’🧔s richest sports ⛦empire, took over F1 in 2016.

Through an enhanced f❀ocus on social media and the hugely popular Netflix show 𝕴‘Drive To Survive’, Liberty Media is credited with growing the popularity of F1.

They have added races in Las Vegas and Miami, as well as in Jeddah and Do꧋ha.

Taking over the premier motorcycle racing series in the world would represent a new opportunity to 🔴grow a championship’s popularity.