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Anonymous

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Matthew Birt  says:

Argentina dropped from 2013 MotoGP calendar

Argentina’s bid to be back on the MotoGP calendar next season for the first time since 1999 has been scuppered. The new Autodromo de Rio Hondo track was pencilled in to host round two of the 2013 world championship on April 14. But Dorna has today (Friday) confirmed that the race will not go ahead and as a result the first round...

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  • Posted 2 years ago (23 November 2012 13:48)

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CBR11X

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Sep 10

Posts: 793

CBR11X says:

Since when are the natural resources of a country private property? I suppose Argentina was better off before under dictatorship right? Fuck Repsol.

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oily1984

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Mar 09

Posts: 52

oily1984 says:

CBR11X

Repsol had a contact for the rights to work the fields as they saw fit. Argentina's goverment/representatives had no problem with selling these rights to YPS who brought in Repsol for expertise in essence. The problem Repsol have with what happened is 1, their ownership of YPS was voided whilst the Argentine national (Can't remember his name) kept his share and 2 the accusation that the share price was being artificially deflated in anticipation of the move to reduce the compensation that has to be paid.

The main reason for this occuring seems that after energy price hikes and Argentina becoming a net importer of energy this was a populist move to apease the population claiming Repsol hadn't invested enough in the fields and slowing production as a result.

With this attitude towards international laws which were enacted with the sole intention of enabling international collaberation with private and state entities how can they even be considered to host a MotoGP race which is built upon contracts of this very nature? So the "Fuck Repsol" comment seems a bit off base especially as they held up their end of the agreement but unforturnately the Argentine Goverment applied your thinking and ignored the agreement.

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