Schwants vs. Circuit of The Americas

really, im on the left coast and the first to post this?

http://www.superbikeplanet.com/2013/Mar/130327a.htm

shit its only 6 am here.

 

http://forums.13x.com/showpost.php?p=4120738&postcount=614

 

ahhhh shet.

i dont have a facetubez, so... half a humble pie for breakfast.

 

i skimmed it a bit this morning in my haste to post a bombshell DOH!

 

So, My question is do y'all think KS has any chance of winning this battle?

 

Define "win."

If you mean cost Cota a lot of money, ruin their "good" name and eventually come away with a pick up truck load of cash then, yes.

 

Sadly, I don't think there will be any "winners" in this.

CoTA probably fucked up and won't admit it, Kevin is fighting for his honor (and time and effort) and the sport is looking bad simply because the sanctioning body is sitting by (wisely) saying nothing. It's a lose/lose all around.

-jim

 

I think he will have tough time, from paperwork floating around it seems he was subcontractor to Tavo. I don't see any business relation between him and track (on paper), just negotiations.
Don't think you can force somebody to do business with you if they don't want to.

 

Is Tx big enough to have another world spec circuit built specifically for MotoGP, this time?

It'd be nice to see KS get hooked up in another deal that steals the GP away from CoTA.

 

They're bonded for 10 years now, I imagine that would be one heck of an early termination fee.

 

Need another contract with dorna
Those 450K they offered him was less than 10% of what state of Texas was giving him.

 

He's winning the PR battle...

 

It is so sad that huge corprate America is on duty, when it comes to Motorsport business. Which they have no clue how things are running out side of their pocket.

 

Thank you Jim.

 

Hey Jim,

It would be interesting to get a few professional racers takes on this situation. Maybe you could ask some of the peeps you interview what their opinion is on the subject.

I'd really love to here what CE or Ben's take is on the deal.

 

I think you are right:

KS press release of 3/26/13

"Last week, Circuit of the Americas (CotA) issued a statement suggesting I had nothing to do with bringing MotoGP to Austin. Unlike others who have had disputes with CotA, I am free to speak my mind. So let me set the record straight: I am the reason MotoGP is coming to Texas and no one currently associated with CotA had anything to do with the design of the actual race track. There's no shortage of evidence to prove these facts.

On February 2, 2011, Dorna CEO Carmelo Ezpeleta sent me a letter confirming that 3FourTexasMGP, my company, is the ‘sole rights holder for MotoGP in the state of Texas for the years 2013-2022.’ On February 3, 2011, Comptroller Susan Combs sent a letter to me and Mr. Ezpeleta confirming that the MotoGP U.S. Grand Prix would be included in the state’s Event Trust Fund beginning in 2013. In that letter, the state comptroller explained that the annual funding would be sent to 3fourTexasMGP, 'the rights holder for all MotoGP events in Texas.' On April 12, 2011, at the request of the state comptroller a press conference was held announcing that MotoGP was on its way to Texas. Finally, on July 22, 2011, Mr. Ezpeleta sent a letter to the state Comptroller saying that 'both Kevin (Schwantz) and I are positive that the measured success of our events in Texas will be fantastic for both the state of Texas and MotoGP.'

See links:

http://schwantzschool.com/images/pdfs/documents.pdf

http://schwantzschool.com/index.php?option=com_content&view=article&id=90

http://schwantzschool.com/images/pdfs/Austin-track-design.pdf )

I have spent too much time and money the past five years on this project, including helping the Comptroller during the 2011 Legislative session and CotA in raising money, for me to sit by and allow this repeated misinformation to continue. CotA's attempt to downplay my involvement with Austin's MotoGP event is silly, but some of the group's other actions may verge on something far more serious. It is my belief that just like the F1 event, they are attempting to rewrite history in an effort to qualify for one of the Texas Event Trust Funds."

 

Aren't we talking about a couple rich a$$holes (Epstein and McCombs), not corporate america?

 

Yeah, what a bunch of assholes......how dare they build a world class facility and bring more world championship racing to the U.S.

Maybe Dorna can race at the track that 3Four spent hundreds of millions building.......oh wait.