CPP Buys Into Dorna

PAR Cycle CanadaPosted on

The Canada Pension Plan Investment Board has added some speed to your pension with a deal to acquire 39 percent of Dorna Sports, the Spanish company that holds the rights to market MotoGP. The agreement is part of a plan for Dorna to expand through the acquisition of the World Superbike series. Dorna already has rights to MotoGP until 2036.

The CPPIB also announced a $400-million in financing for Formula One Group, the company behind the F1 racing series. The CPP investment will be part of a $1-billion private high-yield loan.

“Those sports generate a premium and command a premium and that’s what really attracted us,” said Andre Bourbonnais, senior vice-president of private investments at CPPIB. “What we also saw was very predictable and stable revenues because they are long contracted revenues with the promoters of the races.” The MotoGP series is moving into emerging markets in India, Brazil and Russia.

Terms of the Dorna deal were not released.


Here are the dates for The 2024 Motorcycle and Powersport Shows in Canada

Dare to take the next step: discover the world of exploration with the revived KTM 790 ADVENTURE

King of the comebacks: hail the new KTM 890 SMT

No roads, no problem: race anywhere with the KTM 1290 SUPER ADVENTURE S and KTM 1290 SUPER ADVENTURE R

OSET launches all new generation of electric dirt bikes

Beta Motorcycles pairs up with Mitas TERRA FORCE-EF tires for its 2024 Xtrainer enduro bikes