Liberty Media Approved to Acquire MotoGP by European Commission

Imagine a big company called Liberty Media, which owns Formula 1, wants to buy MotoGP, which is like the motorcycle racing version of Formula 1.

They made a deal to buy most of it for a lot of money.

The European Commission, a group that makes sure companies don't do anything that hurts competition, checked to see if this was okay.

They were worried it might make the cost of watching these races on TV go up.

After looking into it, they said it was fine.

So, Liberty Media can buy MotoGP, and it's expected to be official by early July.