A bid to buy MotoGP which was worth €200m more than Liberty Media’s offer was reportedly rejected💮.

The rejected bid came from the TKO Group, who count Ultimate Fighting Championship and World Wrestling Ent🅺ertainment as the majorಌ attractions under their banner, according to the .

Priv𒈔ate equity firm Bridgepoint instead sold Dorna Sports, who owned MotoGPℱ, to Liberty for €4.2bn including debt.

Liberty are also the owners of Formula 1 meaning they now have the wor🀅ld’s top car and motorcycle racing series.

But TKO were left frustrated that their🅰 ♐bigger offer was knocked back.

“We know that our bid w🃏as worth €200m more than the Liberty bid,” CEO Ari Emanuel told the Financial Times.

Bridegpoint did not dispute the value of TKO’s b🐟id to the Financial Times.

However, ‘a person close to the deal’ was quoted as saying Emanuel and TKO were “cultuꦛrally not a good fit”.

‘A person ༺close to TKO’ was quoted in response, claiming Bridgepoint “failed in it𓆉s fiduciary duty not only to its LPs [limited partners] but to its shareholders in the public market”.

Liber🍨ty must seek ꧟regulatory approval to complete their purchase of MotoGP.

Chief ex🔥ecutive Greg Maffei insists they are confident o𝔍f achieving this.

The doubt comes from a 2006 European Commission ruling whi🌟ch stopped t𓆏he same owner from owning F1 and MotoGP over concerns that broadcasters would be disadvantaged when negotiating TV rights.

Liberty arꦆgue that 𓆏the media market has changed significantly since 2006, and they plan to keep MotoGP and F1 as separate entities.

“We’re going to keep the company indepen🙈dent,” Maffei said.

“We’re certainly not going to be trying to ꧒mer♕ge and sell the product in the TV market as one.”