DSMA - Valuations, Mergers & Acquisitions’ Post

What does the Dorna FIM partnership mean for the Liberty Media acquisition?? Is the acquisition still happening? In short yes! The news yesterday that Dorna has agreed to a long term deal with the FIM, while exciting, has no real impact to the deal. The $4.2 billion purchase for 86% of Dorna is still set to happen but has somewhat stalled in recent weeks. Liberty Media has even sold $825 million worth of shares in Formula 1 to get the deal across the finish line. However, this partnership between Dorna and FIM is slightly odd, given the previous agreement went until 2046. This new one goes until 2060… So is this a way of shifting focus away from the partnership stalling? Or a sign of the larger commitment that Dorna has to racing and the FIM? Either way, the success, like anything in life, will depend on the three party’s working relationship. Needless to say, the future of MotoGP looks bright!

Next to take to stage at SuperReturn Secondaries Europe is a Michel Galeazzi, Thomas Hallinger, Mercedes F. and Michael Zeleniuch! The panellists delve into the flight to mid-market GP-led secondaries and what is driving the surge in activity in this area. Interesting to hear more on where the main pockets of opportunity are within the mid-market! #SRSecondariesEurope

Something we are focusing on at Oscar Mike Group, LLC in the future is sports valuation. Formula 1 has recently captured the attention of new markets and made the best of their opportunities since Liberty Media's investments, skyrocketing their valuation. Here is an interesting article with quotes from Zak Brown, CEO of McLaren Racing. I found the end of the article, when they discuss scarcity, particularly interesting. Oh, and Mr. Zak Brown, if you'd like a more detailed valuation, give us a shout. https://lnkd.in/eR8naf4F

While McLaren Group recent financial struggles are no secret, a brighter future could be on the horizon. Bahrain Mumtalakat Holding Company ("Mumtalakat") taking full ownership can provide much-needed stability. Here's why this could be a game-changer for McLaren: * Financial breather: Mumtalakat's resources can be a lifeline, helping McLaren recover and focus on long-term goals. * Bye-bye shareholder pressure: Free from the need to appease short-term investors, McLaren can prioritize strategic investments in new technologies and develop groundbreaking supercars. * Investment boost: With Mumtalakat's backing, McLaren can step on the gas when it comes to innovation, propelling them forward in the ever-evolving world of automotive technology such as paving the way to develop electric versions. 🏎️💨🧡Get ready to see McLaren zoom ahead #McLaren #Supercars #Mumtalakat #FutureofMobility #Bahrain

🆕 #MEDIAnews 🏍️ 📰 A bit late, but did you catch last week's announcement by Liberty Media entering into an agreement to Acquire Commercial Rightsholder of MotoGP™? If not here is a recap: ❗ In a groundbreaking move, Liberty Media has announced its acquisition of Dorna Sports, the driving force behind MotoGP, in a deal valued at €4.2 BLN. This strategic move solidifies Liberty Media's commitment to delivering top-tier entertainment to motorsports enthusiasts worldwide. 🌍 🏆With MotoGP's heart-pounding races, dedicated fan base, and captivating global presence, this acquisition marks a pivotal moment in the evolution of motorsports. 🗨 Greg Maffei, President and CEO of Liberty Media, expressed his enthusiasm, stating, "MotoGP is a global league with a loyal, enthusiastic fan base, captivating racing, and a highly cash flow generative financial profile." Carmelo Ezpeleta, CEO of Dorna, echoed the sentiment, emphasizing the exciting opportunities ahead for MotoGP and its passionate followers. 🌟 💡 This acquisition underscores Liberty Media's commitment to fostering growth and innovation within the world of motorsports, promising an exhilarating future for MotoGP fans, teams, and commercial partners alike. ℹ Goldman Sachs is acting as financial advisor to Liberty Media and is providing committed debt financing for the transaction, and O'Melveny & Myers LLP is acting as legal counsel. Moelis & Company is acting as financial advisor to Dorna, and Latham & Watkins is acting as legal counsel. 🔍 Look at the presentation below outlining all the details about the acquisition! #MotoGP #LibertyMedia #mergersandacquisitions

Why the awards keep coming for one Welsh retailer: A European title and three national honours put Gravells Kia Bridgend in a league of its own. In our latest article showcasing auto retail success, we talk to Cassian Wright – then general manager at Gravells Kia Bridgend, but since promoted to the group’s sales director. Cassian was in charge of the retailer’s most successful period and for him – and the rest of the team, the success was the result of a lot of hard work over a number of years. Cassian’s top tip for success is to “Give your staff the freedom and empowerment to make decisions quickly." Read the full story on Auto Retail Network Profit https://lnkd.in/eEsM7y4N #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket

Leveraging strategic partnerships is a great way to expand into new markets. A standout example from this year - Airwallex & McLaren Racing Airwallex is a global payments and financial platform. What do they have to do with a Formula 1 Team? Well... For McLaren, it's more than just payments. This partnership will help streamline their financial operations on a global scale (expanding their supply chain and letting them focus on what they do best - racing!). For Airwallex, aligning with a renowned brand like McLaren will help boost their visibility in new markets (helping expand across Europe, Middle East, and the Americas - where F1 is has a massive following). This partnership goes beyond just brand alignment. It's a strategic move to accelerate global growth and presence. The result: Airwallex has reported a 152% increase in revenue year-on-year across EMEA. Creative partnerships like this one show us that when innovation and strategy align, growth shifts into high gear (had to) ;) Kudos to both teams: Dylan Holman - Head of Commercial Partnerships, McLaren Racing Hugo Buret - Global Head of Strategic Partnerships, Airwallex #Partnerships #Strategy #MarketExpansion #BusinessGrowth Source: Fintech Magazine "Airwallex: Supporting McLaren FQ Team's Financial Operations"

Exciting Progress announcement from Cummings Custom Motorsports! Despite not having secured any sponsors or investors (yet!), I’m thrilled to announce that I’ve established key business partnerships that will provide essential materials and tools at significantly discounted prices. This may seem out of the traditional sequence of steps, but my personal experience from earlier years working around material depots, & Supply yards doing different labor jobs like landscaping, and concrete work has really paid off! My hands-on knowledge in sourcing materials and negotiating deals has helped me position Cummings Custom Motorsports to move forward at a moment’s notice. These partnerships bring us one step closer to completing the custom vehicles I’m designing and building for the right investors, sponsors, or companies who are ready to join this vision. I’m focused, determined, and ready to go! If you’re interested in aligning with a brand that’s driven by creativity, craftsmanship, and dedication to performance, let’s talk. -Anthony C. Founder & Pioneer Cummings Custom Motorsports 1032 Begonia Dr, Holiday FL, USA - 34691 Thank you for believing in this journey! Together, we can bring tomorrows future of Automotive Excellence into fruition- Today! #SponsorshipOpportunities #InvestInInnovation #AutomotiveIndustry #CustomCars #PerformanceEngineering #Motorsports #Partnerships #BusinessGrowth #MaterialsSourcing #Innovation #InvestorsWanted #AutomotiveBrands #RacingInnovation #CustomVehicleDesign #CummingsCustomMotorsports #BuildingTheFuture #Visionaries #AutomotivePartnerships #EmpowerCreativity

Is McLaren Group going public after Mumtalakat have gained full ownership? Is the Formula 1 team and McLaren Racing affected? On Friday McLaren Group announced that the "capital reorganisation had been completed". The "reorganisation" means that the long-term strategic investor Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain, takes full ownership of McLaren Group. Mumtalakat bought shares and warrants worth 400 million pounds in McLaren Group from PIF, Saudi Arabia's Public Investment Fund, and Ares Management 2023. Why is a reorganisation necessary? The group have had liquidity challenges, especially in 2022 and the Artura wholesale delays. At that time McLaren Group sold certain heritage cars to its lead shareholder for £100.0 million. The Group turnover have dropped from almost 1,5 billion to 627 million in 4 years. 👉 McLaren Group turnover was £1.256 million in 2018 👉 McLaren Group turnover was £1.485 million in 2019 👉 McLaren Group turnover was £771,7 million in 2020 👉 McLaren Group turnover was £610.4 million in 2021 👉 McLaren Group turnover was £627.8 million in 2022 The other reason is the plan to bring McLaren Group to the stock market, a plan that will probably accelerate now. What about the McLaren Racing ownership structure? McLaren Group, now Mumtalakat, is the majority shareholder. New York based private equity company MSP Sports Capital, together with strategic partners UBS O’Connor, part of Mercedes-AMG Formula 1 team partner Swiss 🇨🇭 UBS, LLC and The Najafi Companies, bought a stake in McLaren Racing and the Formula 1 team in December 2020. 👉 McLaren Racing was valued at £560 million in December 2020 At that time McLaren Racing experienced a financial crisis in response to the pandemic. A capital injection was necessary. The $230 million (£185 million) investment from MSP Sports Capital, and strategic partners, was structured giving the investors an initial 15% stake that would increase to a maximum of a 33% shareholding by the end of 2022. We have all heard how the value of Formula 1 teams have surged. 👉 McLaren Racing could be valued at £1 billion 2024. MSP Sports Capital and fellow investors have doubled their money. What is the next move Mumtalakat? Could the McLaren Racing shares be up for sale, with all-time-high valuation, or is it still a "strategic investment"? 📷 Photo: McLaren

More than 50 % of the Oracle Red Bull Racing partners are listed (NASDAQ, NYSE etc) companies. It is not the highest percentage in Formula 1, but it is a solid percentage, typical for the top-teams. Formula 1 is taking a closer step towards the financial world. We have seen several new private equity and investment firms join the F1 partnership network in the past 2-3 years. Many private equity portfolio companies join also. On Tuesday Rokt, a RedBull Racing partner, visited, together with Red Bull Racing, the Nasdaq MarketSite in Times Square New York. Rokt is close to an IPO, and to move headquarter from Sydney Australia to USA. Rokt, the e-commerce technology company, was planning an IPO in late 2023, but for different reasons, som internal, the IPO has been postponed. Rokt, known for a “work hard, play hard” attitude, is one of the most successful to emerge from Australia’s start-up scene, valued at $2,5 billion. It is using Formula 1 and Oracle Red Bull as a platform for the IPO. Almost 30 % of the company is still owned by employees. Bruce Buchanan is the founder and CEO. Great to see Rokt CCO Elizabeth Buchanan, Red Bull Racing Director of Partnerships Julia George and Academy driver Hamda Al Qubaisi ring the Opening Bell (picture). 📷 Nasdaq. #rokt #redbullracing