sidewazzz
Active member
Aw man it was going great til that unnecessary spewing came forth.![]()
I thought as well, bad ending.
Now that's a bombshell if I have ever seen one.
Aw man it was going great til that unnecessary spewing came forth.![]()
Now that's a bombshell if I have ever seen one.

Dorna! You got some 'splainin to do!![]()
Indeed, although I'm going to just assume that Dorna had no choice but to do whatever was needed to get the AustinGP happening, be it with Schwantz or CotA.
Indeed, although I'm going to just assume that Dorna had no choice but to do whatever was needed to get the AustinGP happening, be it with Schwantz or CotA.
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.
“As Dorna Sports S.L. and the FIM are interested in a FIM MotoGP Grand Prix in Texas, COTA was then offered the opportunity to become the Promoter of such an event through the signing of a Promoters Agreement. Conversations continue at this moment.
Ah wait that was a false alarm, Dorna already admitted they had a previous agreement with Schwantz, and it was cancelled.

That MAY be true, but I remember when the information was first released that it appeared that Mr. K.S. did not perform according to the Dorna requirements. Whether COTA and DORNA conspired to cut Mr. Schwantz out of the deal will probably be determined in court, not on the internet.Dorna had a choice to say it's either through Schwantz or nothing to COTA. They've cancelled tracks before from schedule at the last minute. Dorna took the 10% discount offer from COTA to snub their champion.
Of course, they shouldn't treat him poorly. At least not publicly. That is stupid. I guess no one else has ever lost a finder's fee. Oh well. I have. Sometimes you eat the bar, sometimes he eats you.
Regardless, Schwantz has a public relations attack going on. And we have no idea what has been said in private. There may be more here than just "our hero is getting the shaft." I don't know details, but I can see COTA not wanting anything to do with him, and not trusting him on their track.
I am not defending COTA. I am just seeing things from somewhere other than "oh poor Kevin."
bottom line:
schwantz beat a bunch of suits at their own game. the suits played dirty even though they knew schwantz had a case.
I haven't seen anything to indicate this 'game' is over and we have a winner to declare. Have I missed something?
I'm curious who would be the surprise for this season.