After news emerged at the end of last week that Kevin Schwantz is suing the Circuit of the Americas (COTA), the track in Austin, Texas where the third US GP is to be held in 2013, attention turned to the details of just who held the contract to organize the event. In their lawsuit, Schwantz’ company 3FourTexasMGP alleged that the COTA had attempted to defraud him out of the rights to organize the race, something which the circuit denied in a press statement, with COTA claiming that Schwantz had never held a contract to organize the event.
In a statement issued by Dorna, the Spanish rights holders to the MotoGP series clarified the current legal situation between the various parties. The statement shows that both Schwantz and COTA are right: Dorna states that it signed a contract with both COTA and Schwantz’ company 3FourTexasMGP for the event, with Schwantz being granted the rights to organize the race, subject to being able to show he had come to an agreement with the circuit.
However, when asked by Dorna to provide the proof that he held a contract with COTA which would allow him to organize the MotoGP race there, Schwantz was unable to, and the contract was then passed to the Circuit of the Americas. COTA currently holds the rights to organize the event.