Schwantz & COTA End Dispute, Team Up
AUSTIN, Texas – Circuit of The Americas (COTA) and motorcycle racing legend Kevin Schwantz have amicably settled their legal differences and have reached a new agreement to collaboratively promote motorcycling racing at the Austin circuit and across the United States.
Schwantz, the 1993 500cc Grand Prix World Champion, will serve as an official ambassador for COTA and work to promote the upcoming Red Bull Grand Prix of The Americas MotoGP event set for April 11-13, 2014.
“Kevin is a great champion and partnering with him gives us an opportunity to learn from his deep knowledge, as well as continue to celebrate his accomplishments,” Circuit of The Americas Chairman Bobby Epstein said. “Kevin and I have always shared the desire to see him be a part of COTA, and it’s awesome to finally see it become a reality. A great American track and a great American champion in the same city can’t be kept apart. As a result, casual riders, current racers, future stars and the fans all win.”
Schwantz sued Circuit of the Americas in Sept of 2012, claiming that he the company he represented (3fourTexasMGP) had an understanding with the track and DORNA Sports, the company that controls MotoGP, that Schwantz would promote one race a year at COTA from 2013 to 2022. Schwantz claimed that COTA wanted the MotoGP event, but did not want to pay 3fourTexasMGP. The suit claimed that COTA encouraged DORNA to terminate its contract with 3fourTexasMGP in order to deal directly with COTA.
That lawsuit has apparently been settled.
“I look forward to being the ambassador for two-wheel racing for COTA, especially as the 2014 MotoGP season begins and returns to Texas,” Schwantz said. “Grand prix motorcycle racing has been my life, and to help COTA market and promote that moving forward is exciting.”
As a COTA ambassador, Schwantz will play a prominent role in a variety of promotions for the upcoming Red Bull Grand Prix of The Americas event in April, including media availabilities and fan activities. For example, Schwantz will serve as Grand Marshal for the MotoGP race on Sunday, April 13, and will lead the parade laps scheduled for COTA’s personal seat license holders on Friday, April 11, between grand prix practice sessions.
Additionally, COTA will work with Schwantz to raise money for an important charity he supports, the Simoncelli Foundation, which was established in memory of Schwantz’s good friend, Marco Simoncelli, a MotoGP competitor from Italy who will be inducted into the MotoGP Hall of Fame as a MotoGP Legend this May. Simoncelli died after an accident during the 2011 Malaysian Grand Prix. Today through Friday, April 4, COTA will donate $1 for every ticket purchased for the Red Bull Grand Prix of The Americas to the
Simoncelli Foundation, a nonprofit organization supporting humanitarian projects that benefit the disadvantaged.
“I am thankful for COTA’s support of the Simoncelli Foundation, a charity that’s important to all of us who knew Marco personally and fans that followed his career,” Schwantz added. “Marco was a great competitor and a very special friend. Now racing fans everywhere can honor his memory and help a cause important to Marco by purchasing a ticket to Austin’s MotoGP race.”