In a report by the Vancouver Sun, the Canada Pension Plan Investment Board has announced it acquired 39 percent of Dorna Sports, the organizing arm of MotoGP. Dorna now also manages WSBK, as part of a deal announced October 3 by private equity firm Bridgepoint.
The Canada Pension Plan Investment Board (CPPIB) also invested $400 million U.S. in Formula One Group. Formula One Group holds the race promotion, broadcasting, advertising and sponsorship rights for the FIA Formula One World Championship, aka F1 to fans. According the article, the CPP Investment Board didn’t disclose financial terms of the equity agreement with Dorna.