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Argentina Grand Prix: The 2024 Argentina Grand Prix has been cancelled just weeks before the start of the MotoGP season, it was announced on Wednesday.

Slated to be the third race on the calendar in April, Argentina Grand Prix had been abruptly axed. Speculations swirled, and rumors pointed towards spending cuts under the new administration led by President Javier Milei as the primary cause.

MotoGP, in an official statement, revealed that the event's promoter had cited an inability to guarantee the essential services required to meet MotoGP standards. “Due to the current circumstances in Argentina, the promoter of the event has communicated that it is currently unable to guarantee the services required for the Grand Prix to take place in 2024 at MotoGP standards.”