👀 Ones to watch: The MOST undervalued shares to buy right nowSee Undervalued Shares

UPDATE 1-Motorcycling-British and Australian MotoGP races cancelled

Published 29/05/2020, 08:08 pm

(Adds quotes, details)

LONDON, May 29 (Reuters) - This year's British and Australian MotoGP races have been cancelled due to the COVID-19 pandemic, organisers said on Friday.

The British Grand Prix was scheduled for Silverstone on Aug. 30 while the Australian round had been due at Phillip Island on Oct. 25.

The season is yet to get underway after the season-opening Qatar Grand Prix was cancelled in March as the novel coronavirus outbreak shut down world sport.

Races in Germany, Finland and the Netherlands which were to be held in June-July were also removed from the revised calendar. saddened to have to announce the cancellation of these iconic events after finding no way through the logistical and operational issues resulting from the pandemic and rearranged calendar," Carmelo Ezpeleta, chief executive of the commercial rights holder Dorna, said in a statement.

Silverstone managing director Stuart Pringle said they had no choice but to cancel the event despite putting in "months of work behind the scenes" to ensure it went ahead.

"Logistical restrictions under the current situation, combined with a shortened and rearranged MotoGP calendar has caused the cancellation of the event," Pringle said in a statement https://twitter.com/SilverstoneUK/status/1266261448071634944.

Australia is yet to open its international borders while people travelling to the United Kingdom must quarantine for two weeks.

Grand Prix races in Spain, France, Italy and Catalunya were postponed until later this year.

Earlier this month, MotoGP had proposed starting its season with two races on consecutive weekends in July at the Jerez circuit in southern Spain, with the government yet to approve the proposal.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.