MotoGP

Dorna Reacts To Schwantz Suit

Dorna Sports, the organizer for the FIM MotoGP motorcycle world championship has weighed in on the controversy, which led to former world champion Kevin Schwantz and his 3FourTexas, filing suit against the Circuit of the Americas in Austin, Texas.

As reported previously by nationalspeedsportnews.com, Schwantz was issued an agreement with Dorna to promote a 2013 event at the Circuit of Americas in conjunction with former COTA principal Tavo Hellmund.

When legal problems led to Hellmund being on the outside looking in, problems with the agreement arose and Schwantz sued COTA last Friday.

Dorna issued a statement Wednesday morning.

“Dorna Sports S.L. entered into a promoters contract with 3four Texas MGP LLC in connection with the organization of a FIM MotoGP Grand Prix at The Circuit of the Americas, Austin, Texas, on February 11th 2011 to be effective from the 2013 season. Dorna understood that 3four Texas MGP LLC had an agreement with COTA to run the event.

“On the first days of June 2012, Dorna required 3four Texas MGP LLC to provide satisfactory evidence before June 28th about the company having obtained all the necessary rights, licenses and permits related with the availability of the Circuit of the Americas.

“This is a standard procedure when the Promoter is not the owner of the Circuit. 3four Texas MGP LLC was not able to provide such evidence to Dorna (apparently no agreement had ever been entered into between 3four Texas MGP LLC and COTA, the owner of the circuit) within the term granted for such purposes, and therefore Dorna had no other alternative than to terminate the February 11th 2011 promoters contract due to such event of default. The termination was effective from July 2nd 2012.”

According to Dorna Sports, it remains interested in an event in Texas and continues to negotiate with COTA concerning a future race for the series at the track, which will host Formula One in November.

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Posted by on Sep 12 2012 Filed under Latest Headlines, MotoGP, Motorcycles. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

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