A very exuberant Kevin Schwantz has just left the following message on Twitter; “GREAT news to share about @circuitamericas!!!!!!” Great news indeed, as the 1993 500GP World Champion has reached an agreement with the Circuit of the Americas race track, which ultimately sees Schwantz becoming a track ambassador for COTA.
The agreement puts to rest over a year’s worth of media and legal positioning between the two parties, which arose from a business transaction that would have seen Kevin Schwantz as the promoter of the Red Bull Grand Prix of the Americas.
Schwantz then sued COTA after the circuits administration cut Schwantz’s 3fourTexasMGP company out of the promotional deal for the MotoGP round, and dealt directly with Dorna instead. The result of the fallout lead to a fervor from loyal American road racing fans, some of whom boycotted the race last year.
That all seems to be behind them now though, as Schwantz and the Circuit of the Americas have come to agreement over the dispute, which sees Kevin Schwantz becoming the official ambassador to the Circuit of the Americas race track, where he will promote the MotoGP round, and we presume that some money will change hands in the process.