The Canada Pension Plan Investment Board (CPPIB) has agreed to buy a 39% stake in Dorna Sports from private equity firm Bridgepoi🅠nt.

The deal is for an undisclosed sum, rumoured by to be in the region of 400 𓄧million euros ($518 milli෴on).

The CPPIB stake is alongside current shareholders, Bridgepoint and Dorna management. Dorna holds the commerci🐠al rights to MotoGP until 2036.

Bridgepoint became Dorna's majority shareholder in 2006 and then acquired Infront Sports & Media last S𒆙eptember, which included World Superbike organiser Infront Motorsports.

It was recently announced that both MotoGP and WSBK will be integrated within Dorna, and this expan❀sion appears to have prompted the CPꦯPIB investment.

Dorna CEO Carmelo Ezpeleta said: "I welcome CPPIB as a new shareholder. Alongside Bridgepoint, we now have long-term institutional support in place as we bring together 𒁃for the first time the two top motorcycle racing series under one roof and as we develop and strengthen both championships."

"We look forward to working together with Dorna's C🔥EO, Carmelo Ezpeleta, his management team and Bridgepoint to continue Dorna's global growth and to pursue exciting opportunities to expand into emerging markets," said Andr? Bourbonnais, Senior Vice-President of Private Investments at CPPIB.

Founded in 1988, Dorna has run MotoGP since 1992.