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CotA denies grounds for Schwantz legal challenge

Circuit of the Americas insists that there are no grounds for former bike racer Kevin Schwantz's lawsuit over lost promoter's rights.
Management at the Circuit of the Americas has reacted strongly to the lawsuit instigated by former motorcycle world champion Kevin Schwantz, claiming that there is no basis for his challenge.

The Texan revealed on Saturday (8 September) that he had launched a legal case against the Austin circuit believing that it had tried to cut his 3Four Texas MGP operation out of a deal to promote the MotoGP series race which was scheduled to take place at the venue from 2013 [see separate story]. While those plans have been put on the backburner - a ten-year deal was announced in April last year, but needs renegotiating following the departure of original promoter Tavo Hellmund - Schwantz is keen to pursue his claim, even though CotA, which is due to host its first F1 USGP in mid-November, insists that there are no grounds for it.

“It makes no sense for Mr Schwantz to pursue legal action in this matter," an official statement quoted circuit spokesperson Julie Loignon as saying, "We were informed by Dorna, the organisation that holds the rights for the MotoGP racing series, that Mr Schwantz has no contract to promote a MotoGP race in Texas.

"To be clear, Mr Schwantz never had an agreement to conduct a MotoGP race at Circuit of The Americas and, to our knowledge, he has no agreement to conduct an event at any Texas racetrack. Perhaps that is why he is reacting this way, out of embarrassment, and is making false claims to the court and media.

“We know race fans would love to see a MotoGP event at the [Circuit of the Americas], and it is good to know that the door is open to make that happen at our new world-class venue in Austin.”




Related Pictures

Click on relevant pic to enlarge
Kevin Schwantz, Indianapolis MotoGP 2012
Surfacing work on the start-finish straight at Circuit of the Americas   [pic credit: CotA media]
Aerial view of the Circuit of the Americas
Kevin Magnussen (DEN) McLaren MP4-29.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Kevin Magnussen (DEN) McLaren MP4-29.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Kevin Magnussen (DEN) McLaren MP4-29.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Kevin Magnussen (DEN) McLaren MP4-29.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Kevin Magnussen (DEN) McLaren MP4-29 running sensor equipment.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Kevin Magnussen (DEN) McLaren MP4-29 running sensor equipment.
09.07.2014. Formula One Testing, Silverstone, England, Wednesday.
Jean-Eric Vergne (FRA) Scuderia Toro Rosso STR9 walks back to the pits after stopping on the circuit.
08.07.2014. Formula One Testing, Silverstone, England, Tuesday.
Jean-Eric Vergne (FRA) Scuderia Toro Rosso STR9 walks back to the pits after stopping on the circuit.
08.07.2014. Formula One Testing, Silverstone, England, Tuesday.
Jean-Eric Vergne (FRA) Scuderia Toro Rosso STR9 walks back to the pits after stopping on the circuit.
08.07.2014. Formula One Testing, Silverstone, England, Tuesday.
Kevin Magnussen - McLaren
Kevin Magnussen - McLaren
Kevin Magnussen - McLaren
Kevin Magnussen - McLaren
Kevin Magnussen - McLaren
Kevin Magnussen - McLaren

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