Slotted to take place on July 21st, potential buyers will be able to bid on EBR’s assets, in bulk. All winning bids are of course subject to court approval, which will be granted/not granted quickly after the auction, on July 23rd.
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.
Take heart my two-wheel riding cohort: four courageous, topical, and freedom-loving senators are fighting for your right not to be discriminated against based on the number of wheels between your knees.
A bipartisan bill introduced in the U.S. Senate on March 5th aims to prohibit the use of federal funding to programs that seek to setup “motorcycle-only checkpoints.”
The aptly named, “Stop Motorcycle Checkpoint Funding Act,” would restrict the Secretary of Transportation from granting funds to government entities that want to make sure you and your passenger have on a helmet, amongst other things.
New Jersey newspaper The Record is reporting that Mission Motorcycles, maker of the soon-to-be-released Mission RS and Mission R electric motorcycles, has filed a lawsuit against one of the company’s co-founders, Vincent Ip.
In its lawsuit filed with the U.S. District Court in New Jersey, Mission Motorcycles asserts that Ip must relinquish stock in the EV startup, pursuant to a stock restriction agreement the Ip signed with fellow co-founders Mark Seeger and Andrew Ng.
Last year’s Grand Prix of the Americas was marred by the dispute between Kevin Schwantz and the Circuit of the Americas, which saw the former GP Champion accusing the new MotoGP circuit of cutting him out of a deal with Dorna, the media rights holder to MotoGP.
The legal dispute has simmered since the MotoGP race, but it is unfortunately finding a new spotlight now, as a court date has been set. Scheduled February 10, 2014 as a ten-day trial, Schwantz and COTA will get to argue their claims before a jury of their peers in Austin, Texas.
Reports are coming out from the Spanish media that Hector Barbera, of the Avintia Blusens MotoGP team, has been arrested for the assault and battery of a woman identified as his girlfriend. The incident took place after the Spanish GP, as Barbera and his girlfriend were staying in Jerez for a few extra days before heading to Le Mans for the French GP. Coming to blows during a heated argument, Barbera’s girlfriend was treated for bruises and contusions, and spent the night in the hospital.
Receiving a lightning-speed trial, both Barbera and his twenty-three-year-old girlfriend were found guilty of assault and battery against each other, with Hector being sentence to six months in jail, and his girlfriend receiving five months of jail time. The sentences can likely be commuted to community service time, according to the Spanish media.
Oh no, not another Circuit of the Americas article! It’s not our fault, really. You may remember the dust up between Kevin Schwantz and the Circuit of the Americas racing facility, which saw the Texan MotoGP star left out in the cold when issues regarding COTA’s contract with Dorna and 3FourTexasMGP came into question six months ago.
We hadn’t heard much about Schwantz and COTA since that time, and thought things had moved on from the “he said, she said” blame game that went on between the parties involved. That apparently is not the case, as Kevin Schwantz has released a statement regarding how he was escorted off the COTA premises during the private MotoGP test there last week.
Getting credentials through the Attack Racing CRT team to help coach its rider Blake Young, and an invited guest of the LCR Honda team, Schwantz says he found himself on the wrong-end of the COTA security team, which asked him to leave the facility or face criminal trespass charges.
The movement of transportation as a commodity continues, as California has become the second state to legalize the use of automated cars on its roadways (Nevada was first).
Gov. Jerry Brown signed into law today SB 1298, which specifically legalizes the use of autonomous vehicles, as long as a licensed and bonded operator is in the vehicle’s driver seat.
Essentially legitimizing what was a legal grey-area, what the bill does does explicitly is green-light more autonomous vehicle projects in the Golden State.
With applications from the trucking industry to the car-sharing, and everything in-between, the advent of autonomous four-wheelers signals an interesting, yet scary, future for motorcyclists.
According to former Ford/Chrysler/GM-man Bob Lutz, self-driving cars could be the norm in as few as 20 years — an idea the could materially change the driving landscape as we know it.
As autonomous vehicles become increasing the status quo on the road, user-guided vehicles like motorcycles will become greater outliers, and could face a tyranny of the majority.
Kevin Schwantz has issued another statement in response to the press releases put out by both the Circuit of the Americas and Dorna, concerning his legal proceedings over the case. In the press release, Schwantz lays the blame for the situation at the feet of the Circuit of the Americas, and claims they attempted to obtain the contract to organize the MotoGP race in Texas by forcing him out of the deal with Dorna. The full statement issued by Kevin Schwantz is after the jump.
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.