industry sports management founded madrid spain may 27 1998 1998 05 27 headquarters madrid spain area served worldwide key people carmelo ezpeleta ceo enrique aldama coo cfo products motogp world superbikes owner bridgepoint capital cpp investment board website www.dorna.com dorna sports s.l. is the commercial rights holder for the motorcycling sport of motogp . established in 1988 as an international sports management and marketing company it is headquartered in madrid with branch offices and or subsidiaries in barcelona amsterdam london and rome . set up by banco banesto as dorna promoci n del deporte the company was sold to cvc madrid in 1998 as the operation developed internationally and was renamed dorna sports . private equity group bridgepoint has been the majority shareholder of dorna since 2006 . 1 contents 1 rights holdings 1.1 motogp 1.1.1 scheduling with formula one 2 ownership 2.1 sale to management 2.2 questionable practices 3 references 4 external links rights holdings edit since 1992 dorna has been the exclusive holder of all commercial and television rights relating to the motogp world championship from 2001 has also held the commercial and television rights for the supercross gp world championship and since 2013 the superbike world championship . 2 the company also participates in the management and marketing of other motorsports properties including the spanish road racing championship cev the british superbike championship bsb and the trials world championships indoor and outdoor . motogp edit dorna recognised with support from manufacturers that a change was needed in the sport . the costs of developing specialist two stroke engines which created non commercial end products was not sustainable . hence in its efforts to bring about the change from 500 cc racing to motogp four stroke racing dorna has managed to take away the fim s f d ration internationale de motocyclisme power in rule making and turn the keys to the rule making castle over to the msma the gp manufacturers association . citation needed scheduling with formula one edit a gentlemen s agreement has allegedly existed for some time between dorna ceo carmelo ezpeleta and bernie ecclestone ceo of formula one rights holder fom to do what is necessary to avoid a direct tv conflict between f1 and motogp . at schedule making time there is consultation between the two sides but in general when f1 makes a change creating a conflict with a motogp date motogp responds by changing dates . ownership edit set up by banco banesto as dorna promocion del deporte the company was sold to cvc madrid in 1998 as the operation developed internationally and was renamed dorna sports . the purchase was closely supervised by american hardy mclain cost 80 million approximately half of which was needed to pay off dorna debt . mclain one of the founders of cvc and formerly an executive of citibank cvc emerged from citibank in 1981 was present at several motorcycle grand prix events in 1998 but confident in the ability of dorna ceo carmelo ezpeleta has left the running of the company to the spaniard as well as the almost completely spanish dorna executive leadership . 3 sale to management edit in november 2005 cvc capital partners announced it was to acquire the 25 % and 48 % shares of bambino and bayerische landesbank in formula1 commercial rights holder slec and acquired the shares of jp morgan chase in december 2005 . this deal was given approval by the european commission on 21 march 2006 subject to the sale of dorna sports . 4 by divesting dorna the commission concluded that cvc s formula one transaction would not cause competition concerns . competition commissioner neelie kroes said when the two most popular motor sport events in the eu formula one and moto gp come in the hands of one owner there is a risk of price increases for the tv rights to these events and a reduction in consumer choice . i am satisfied that the commitments given by cvc will eliminate this risk . 5 its final 71 % stake in dorna was sold by cvc for 400million on 28 march selling the holding to dorna sports management . questionable practices edit in 2005 with the growth of the internet dorna began the controversial practice of charging for press credentials for online publications . the fee varied from 100 euros to 1000 euros . most newsworthy publications turned their back on this flagrant exploitation by the event promoter . citation needed references edit ltd. crash media group . motogp and world superbikes brought together motogp news . retrieved 29 august 2016 . sam tremayne 2 october 2012 . dorna to organise both world superbikes and motogp from 2013 . autosport.com . haymarket media group . retrieved 20 march 2015 . http www.speedtv.com commentary 20935 money . retrieved 29 august 2016 . http ventureeconomics.com evcj protected mthlyfeatures 1145454166779.html external links edit official website retrieved from https en.wikipedia.org w index.php title dorna sports 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