• Login
  • Register
Speedcafe.com
  • HOME
  • NEWS
  • PODS
  • PHOTOS
  • RESULTS
  • NETWORK 100
No Result
View All Result
  • SUPERCARS
  • F1
  • MOTOGP
  • NASCAR
  • INDYCAR
  • GT & ENDURANCE
  • KARTING
  • RALLY
  • SPEEDWAY
  • JOBS
  • HOME
  • NEWS
  • PODS
  • PHOTOS
  • RESULTS
  • NETWORK 100
No Result
View All Result
  • Feed
  • Calendar
  • Results
  • Photos
  • Podcasts
  • Shop
Speedcafe.com
  • Supercars
  • F1
  • NASCAR
  • IndyCar
  • GT & Endurance
  • Karting
  • Bikes
  • Rally
  • Speedway
Home Bikes MotoGP

Lewis Hamilton tried to buy MotoGP team

Liberty Media president and chief executive officer Greg Maffei has confirmed Lewis Hamilton made inquiries about acquiring a MotoGP team.

Simon Chapman
Simon Chapman
11 Sep 2024
Simon Chapman
//
11 Sep 2024
// F1
A A
0
Lewis Hamilton tried to buy MotoGP team
Seven-time F1 champion Lewis Hamilton.

Lewis Hamilton speaks to media.

Seven-time F1 champion Lewis Hamilton.

In July, it was reported by GPOne that the seven-time F1 world champion sought to buy into Gresini Racing.

That came off the back of Liberty Media, the F1 rights holder, announcing plans to buy 86 per cent of MotoGP promoter Dorna Sports in a deal worth more than $6.3 billion (USD $4.2 billion), pending regulatory approvals.

Maffei spoke at length about the state of Liberty Media in relation to Formula 1 and MotoGP at a Goldman Sachs Communacopia & Technology Conference on Wednesday where he confirmed Hamilton’s interest.

Maffei said Hamilton was among a slew of interested parties wanting to be involved with MotoGP having seen the growth Formula 1 enjoyed globally.

“When we announced – it’s a great example – we had immediately people call up and say, I want to buy a team, including people like Lewis Hamilton. Why? Because they saw what had happened in Formula 1, and they want to follow,” said Maffei.

Advertisements

“We had major distributors call them and say we want to be involved. And unfortunately, I had to tell them, Well, we really can’t talk about until we get EU approval, but we’d love to talk once we get it.

“I think there’s an opportunity when you’re at the league level to take advantage of those changes that you can make,” Maffei added.

“At a team level, in general, teams don’t cash flow as well. It’s not absolutely true. NFL teams cash flow pretty well, but in general, we’re still too traditional in wanting that cash flow in addition your ability to change the dynamics, to set the stage and do the things that you want are far better, far easier, more manageable.

“Still takes time, but you can get it done at the league level in a way that’s very difficult at the team level.”

Hamilton has had interests outside of F1 via his Extreme E team X44, which shuttered earlier this year. He also owns a stake in NFL team the Denver Broncos.

Marc Marquez rides for Gresini Racing in MotoGP alongside his brother Alex. Image: Gold & Goose/Red Bull Content Pool

 

In August, it was revealed that Liberty Media had sold a $1.2 billion slice of F1 to fund its MotoGP acquisition.

Maffei spoke positively about the financial situation for both Formula 1 and MotoGP.

“We have lowered the the leverage of Formula 1, the parent dramatically over the last several years, partly through success and partly through generating cash flow to finance the $4.2 billion purchase of MotoGP,” Maffei explained.

“We raised just under a billion dollars of equity money and the rest is going to be financed on our balance sheet, and their balance sheet leverage will still be relatively modest compared to the historical numbers which have been managed to both companies.

“I think for a little bit of time, we’ll focus on cash flow management. We’ve run return of capital through equity repurchase and that’s certainly on the table, but we’ll also look at other synergistic opportunities.

“We have returned capital, and we do expect we will be repurchased in the future. That’s been a Liberty Hallmark, and I don’t want our shareholders to think that’s something we’re walking away from.”



Tags: gresinigresini racinglewis hamiltonliberty mediamotogp
Speedcafe Network 100 - logo representing the directory of leading suppliers to the motorsport industry in Australia

List your business today!

Wahlstrom Financial Services logo featuring three gold crowns above bold blue text.

Wahlstrom Financial Services

Finance & Insurance

WFS is passionate about the life-changing value of professional advice in helping individuals achieve their financial and lifestyle goals. Financial advice at WFS goes beyond the numbers. It is educational, inspirational, and designed to empower...

WFS is passionate about the life-changing value of professional advice in helping individuals achieve their financial and lifestyle goals. Financial advice at WFS goes beyond...

Discussion about this post

[postcode_search_form]

Latest from Torquecafe

New Chevrolet Corvette Grand Sport revealed

29 March 2026

Is this the biggest threat to the BYD Shark 6?

28 March 2026

Latest Podcasts

PODCAST: What will the fuel crisis mean for motorsport?

27 March 2026

PODCAST: Wollongong Supercars insights + Overs and Unders

24 March 2026

Related Articles

Oscar Piastri will line up third for the Japanese Grand Prix. Image: XPB Images

Piastri pleased with breakthrough qualifying in Japan

F1
12 hours ago
F1
0
Kimi Antonelli has taken pole for the Japanese Grand Prix, ahead of George Russell and Oscar Piastri. Image: XPB Images

Japanese GP: Qualifying Results

F1
13 hours ago
F1
0
ADVERTISEMENT

Platinum Partners

Latest & Trending News

The Oscar Targett/Shane Smollen Tigani Motorsport Mercedes-AMG.

GT newcomer leaves door ajar for Supercars future

SRO GT
29 March 2026
SRO GT
0
Oscar Piastri will line up third for the Japanese Grand Prix. Image: XPB Images

Piastri pleased with breakthrough qualifying in Japan

F1
28 March 2026
F1
0
Kimi Antonelli has taken pole for the Japanese Grand Prix, ahead of George Russell and Oscar Piastri. Image: XPB Images

Japanese GP: Qualifying Results

F1
28 March 2026
F1
0
Kimi Antonelli has claimed back-to-back pole positions with a stunning lap in Japan. Image: XPB Images

Antonelli storms to Japanese GP pole as Verstappen misses Q3

F1
28 March 2026
F1
0
Broc Feeney and Brad Schumacher dominated the opening GT World Challenge Australia race at Phillip Island. Image: InSyde Media

Feeney and Schumacher dominate Phillip Island GT opener

SRO GT
28 March 2026
SRO GT
0
Oscar Piastri says McLaren continue to lack the pace to challenge Ferrari and Mercedes. Image: XPB Images

Live Updates: Formula 1 Japanese Grand Prix

Live Updates
28 March 2026
Live Updates
0

Supercheap Auto

Pirtek Poll

POLL: Which Supercars team has the best driver line-up?

Vote View Results Past polls
Pirtek Poll
View past polls
2026 Supercars Championship WINS POLES PTS
1
Brodie Kostecki
Shell V-Power Racing Team
17 3 1 485
2
Cam Waters
Monster Castrol Racing
6 0 0 457
3
Broc Feeney
Red Bull Ampol Racing
88 3 2 442
4
Matthew Payne
Penrite Racing
19 0 0 412
5
Anton De Pasquale
DEWALT Racing
18 1 1 354
2026 Formula 1 Championship WINS POLES PTS
1
George Russell
Mercedes
63 1 1 51
2
Kimi Antonelli
Mercedes
12 1 2 47
3
Charles Leclerc
Ferrari
16 0 0 34
4
Lewis Hamilton
Ferrari
44 0 0 33
5
Oliver Bearman
Haas F1 Team
87 0 0 17
ADVERTISEMENT
[instagram-feed feed=2]
Support the partners that support Speedcafe
Truck Assist R & J Batteries Pirtek Mobil Super Supercheap Auto Michelin Meguiars coates KTM FORD ACDelco parcelprotect become a partner
AASA PPQ Authentic Collectables sportsnetholidays nuevasolutions bathurst
Green and white "speedcafe." logo on a black background, conveying a racing theme.
Speedcafe.com has been established to provide a daily motorsport news service to the industry and fans in Australia and internationally.
Follow Us

Categories

SUPERCARS

F1

NASCAR

INDYCAR

GT

MOTOGP

PHOTOS

TV

PODS

Platinum Partners

TRUCK ASSIST
R&J BATTERIES
PIRTEK
MOBIL1
SUPERCHEAP AUTO

PARCEL PROTECT

MICHELIN
MEGUIARS

COATES
FORD

ACDELCO

Newsletter

Subscribe to our daily newsletter, the best way to get your news first, fast and free!

Thank you!

You have successfully joined our subscriber list.

Your daily racing fix - Newsletter

Subscribe to our daily and breaking newsletter for all the latest news delivered direct to your box

SUBSCRIBE
Follow Us

Categories

SUPERCARS

F1

NASCAR

INDYCAR

GT

MOTOGP

PHOTOS

TV

PODS

Platinum Partners

TRUCK ASSIST
R&J BATTERIES
PIRTEK
MOBIL1
SUPERCHEAP AUTO

PARCEL PROTECT

MICHELIN
MEGUIARS

COATES
FORD

XPEL

ACDELCO

Green and white "speedcafe." logo on a black background, conveying a racing theme.

Copyright © 2026 Speedcafe.com. This site is protected by reCAPTCHA. The Google Privacy Policy and Terms of Service apply.

Our Team /  Advertise with us / Comments Policy / Privacy Policy /

No Result
View All Result
  • News
  • Calendar
  • Results
  • Event guides
  • Podcasts
  • Shop
  • Photos
  • Videos
  • Contact Us
  • Advertise
  • Network 100

Copyright © 2025 Speedcafe.com This site is protected by reCAPTCHA. The Google Privacy Policy and Terms of Service apply.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
  • Calendar
  • Results
  • Event guides
  • Podcasts
  • Shop
  • Photos
  • Videos
  • Contact Us
  • Advertise
  • Network 100

Copyright © 2025 Speedcafe.com This site is protected by reCAPTCHA. The Google Privacy Policy and Terms of Service apply.

Sign Up For Our Newsletter

Subscribe to our mailing list to receives daily updates direct to your inbox!

[mailpoet_form id=”28″]