MXGP Promoter - Youthstream now InFront

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2/24/2020 12:09 PM
Edited Date/Time: 2/24/2020 12:13 PM

Action Group changed to Youthstream, now to InFront.

I don't know about Europe (Monaco), but in the USA when a company changes names three times in a decade with the same management while staying in the same business can mean they are re- organizing their finances.

Did Loungo get bought out?

Why all the name changes in MXGP?

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2/24/2020 12:12 PM

Guess they're trying to get InFront of any tax evasion charges.



I'll see my own way out..

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Holeshot Coffee Co.
Each bag sold donates $1 to Road2Recovery

2/24/2020 12:17 PM

So Youthstream was bought by InFront a year ago and now Youthstream changes its name to InFront
https://www.vitalmx.com/forums/Moto-Related,20/Youthstream-acquired-by-Infront,1353550

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2/24/2020 1:06 PM

You can give a turd 10 different names. At the end of the day It’s still a turd.

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2/24/2020 1:39 PM

USA wrote:

Guess they're trying to get InFront of any tax evasion charges.



I'll see my own way out..

Nobody pays taxes in Monaco

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2/24/2020 2:53 PM
Edited Date/Time: 2/24/2020 2:55 PM

...so now it looks like Youthstream is owned by the Chinese.

I guess this explains the GP of China.

https://www.infront.sport/en/news/2015/2/wanda-group-acquires-infront-sports-and-media-from-bridgepoint

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2/24/2020 3:02 PM
Edited Date/Time: 2/24/2020 3:52 PM

kkawboy14 wrote:

Nobody pays taxes in Monaco

This is actually a misconception. Sure, there is no income tax for residents of Monaco. But private companies in Monaco pay hefty taxes on their profits, if more than 25% of the income comes outside of Monaco (the tax rate is 33.3% of the profits made)

And Youthstream has been a private company / well a part of it at least. (but I'm sure they found their way to keep the profits low, and bypass the system)

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2/24/2020 3:06 PM

USA wrote:

Guess they're trying to get InFront of any tax evasion charges.



I'll see my own way out..

kkawboy14 wrote:

Nobody pays taxes in Monaco

Vince_192 wrote:

This is actually a misconception. Sure, there is no income tax for residents of Monaco. But private companies in Monaco pay ...more

It’s pretty easy to make any company look like it doesn’t make any money.

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2/24/2020 3:07 PM

One Question what is the difference between YouthStream and MX Sports?

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2/24/2020 3:11 PM
Edited Date/Time: 2/24/2020 3:11 PM

Mr. Info wrote:

One Question what is the difference between YouthStream and MX Sports?

They do have one thing in common, neither one has to deal with Bud any more...

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2/24/2020 3:39 PM

Mr. Info wrote:

One Question what is the difference between YouthStream and MX Sports?

Neither of us get to work with you anymore?

DC
Racer X

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2/24/2020 4:03 PM
Edited Date/Time: 2/24/2020 4:10 PM

kkawboy14 wrote:

Nobody pays taxes in Monaco

Vince_192 wrote:

This is actually a misconception. Sure, there is no income tax for residents of Monaco. But private companies in Monaco pay ...more

kkawboy14 wrote:

It’s pretty easy to make any company look like it doesn’t make any money.

For sure, but there is also a lot of background stuff going on with YS. Actually the Monaco company is just a small office of the Youthstream Organisation / Youthstream Group SAM (Société Anonyme Monégasque). The organisation is divided in couple different private companies and also some joint-stock companies in Monaco (NV3A-Youthstream Organisation SAM), Switzerland (Youthstream Media SA) and Slovakia (Youthstream Logistic s.r.o.).
And for sure there are some nice invoices going vice versa.

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2/25/2020 9:28 AM

DC you never worked with me it was the management and like your employee's we have to support them but we can also not agree with them. And I am over those events I like riding myself more than ever. Like the song goes Its my life and its now or never. Lol

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2/25/2020 9:39 AM

kkawboy14 wrote:

Nobody pays taxes in Monaco

Vince_192 wrote:

This is actually a misconception. Sure, there is no income tax for residents of Monaco. But private companies in Monaco pay ...more

kkawboy14 wrote:

It’s pretty easy to make any company look like it doesn’t make any money.

Like not have any spectators or riders show up for their races? laughing

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2/25/2020 9:39 AM

Mr. Info wrote:

One Question what is the difference between YouthStream and MX Sports?

The difference is if you have astronomical amount of money you are qualified for all the GPs ethernally just from the table after your proper signature.

P.S. Don't tell the Luongo fanbois i told it to you. They suffer from severe Stockholm syndrome.

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the ultimate MX renegade from the east shore of the big cold pond

2/25/2020 9:44 AM

Mr. Info wrote:

DC you never worked with me it was the management and like your employee's we have to support them but we can also not agree ...more

All good, Mr. Info, I was just surprised that you didn't know the difference between the two companies, and I did enjoy working with you at Glen Helen, just as I did with Tom and Lori and Frank and of course Jody...

DC
Racer X

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2/25/2020 10:59 AM

Brent wrote:

...so now it looks like Youthstream is owned by the Chinese.

I guess this explains the GP of China.

...more

China keeps throwing money at everything, it's hard to enjoy life and not support that totalitarian shit hole.

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2/25/2020 3:21 PM

Davey I just like stirring up shit when I can because you get some funny shit that comes back. Take care.

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2/25/2020 4:24 PM

Mr. Info wrote:

Davey I just like stirring up shit when I can because you get some funny shit that comes back. Take care.

Oh, I know, Mr. Info! All good, that stirring the pot thing... And hey, if you’re not booked the last Saturday in May with a ride day or anything, just let me know.

Kidding my friend. I will actually be at my son’s high school graduation and won’t make either.

DC
Racer X

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2/25/2020 5:02 PM

Vince_192 wrote:

This is actually a misconception. Sure, there is no income tax for residents of Monaco. But private companies in Monaco pay ...more

kkawboy14 wrote:

It’s pretty easy to make any company look like it doesn’t make any money.

agn5009 wrote:

Like not have any spectators or riders show up for their races? laughing

Ouch 😂

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2/25/2020 5:06 PM
Edited Date/Time: 2/25/2020 5:07 PM

colintrax wrote:

China keeps throwing money at everything, it's hard to enjoy life and not support that totalitarian shit hole.

Just out of interest, have you ever been there?
Should Chinese companies not be allowed to purchase stakes in foreign entities?

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2/25/2020 6:08 PM

Brent wrote:

...so now it looks like Youthstream is owned by the Chinese.

I guess this explains the GP of China.

...more

colintrax wrote:

China keeps throwing money at everything, it's hard to enjoy life and not support that totalitarian shit hole.

CM_84 wrote:

Just out of interest, have you ever been there?
Should Chinese companies not be allowed to purchase stakes in foreign ...more

As long as their government puts political dissidents in forced labor death camps, I say no they shouldn't.

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2/25/2020 6:33 PM

Mr. Info wrote:

One Question what is the difference between YouthStream and MX Sports?

DC wrote:

Neither of us get to work with you anymore?

DC
Racer X

😄. Burn.

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2/25/2020 6:56 PM

colintrax wrote:

China keeps throwing money at everything, it's hard to enjoy life and not support that totalitarian shit hole.

CM_84 wrote:

Just out of interest, have you ever been there?
Should Chinese companies not be allowed to purchase stakes in foreign ...more

chuckie108 wrote:

As long as their government puts political dissidents in forced labor death camps, I say no they shouldn't.

Fair, and I am certainly not condoning a lot of China’s behavior.

But I have been a few times, and whilst there are a lot of issues, I feel a lot of people that criticize the country have never been and don’t understand there are some really good things about the country too.

I also think people want to have their cake and eat it too. They want cheap tv’s, cheap clothes etc. but they also don’t want China investing money in businesses, they don’t want companies importing from China etc.

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2/25/2020 9:36 PM

CM_84 wrote:

Just out of interest, have you ever been there?
Should Chinese companies not be allowed to purchase stakes in foreign ...more

chuckie108 wrote:

As long as their government puts political dissidents in forced labor death camps, I say no they shouldn't.

CM_84 wrote:

Fair, and I am certainly not condoning a lot of China’s behavior.

But I have been a few times, and whilst there are a lot of ...more

I totally agree with you. China is engaged is gross actions in both humanitarian, industrial, and environmental fronts. If some other countries carried on the same way, our government would be beating the war drums. But since they are helping to expand corporate profits via a slave wage labor force, and help cover for our deficit fueled inflation through keeping the costs of goods down, we are willing to look the other way. Not to mention the laundered cash windfalls (bribes) our political class has enjoyed the last 20 years.

On the flip side, like pretty much every other country on the planet, the common citizens are concerned with the same things we all are. I decent standard of living for ourselves, family and friends. Politics be damned.

I'll stop here before I get too far down the rabbit hole.

I think I need to ride more. HAHAHAHAHA

It will be interesting to see what happens with Youthstream going forward.

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2/25/2020 10:10 PM
Edited Date/Time: 2/25/2020 10:18 PM

Youthstream < > InFront.

With Luongo, his son, and other heads of various parts of Youthstream still there:

"InFront will continue to operate as in the past with the management unchanged headed by Giuseppe Luongo as President, David Luongo as CEO, Daniele Rizzi as COO, Nikos Gounaris as Director of Organization, Didier Henriod as Chief Marketing & TV Officer and with all other line managers and staff running the same departments."

*** Meet The New Boss, Same As The Old Boss *** , as the song goes.

I'm not sure if this is the second, or third time Giuseppe has sold the GPs on to someone else, most times with him still being there. He's a hell of a business man, when it comes to selling high, and then buying (back) low, and, many would praise him for that.

Me, I want the f**king Vampire , gone. Forever.

But, he'll be around, Forever, it seems.

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2/25/2020 11:16 PM

DC wrote:

Oh, I know, Mr. Info! All good, that stirring the pot thing... And hey, if you’re not booked the last Saturday in May with a ...more

How dare you deprive me/us of your participation at rd two for Vances' graduation.


laughing smile

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2/26/2020 6:03 AM

4 rounds gonna be in China now?

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2/26/2020 6:26 AM
Edited Date/Time: 2/26/2020 6:27 AM

Last weekend there was an international race at Kuwait Motor Town, which is a project from Kuwait to give motorsport a boost. The setup is no joke: In addition to a road race circuit, there is a motocross track, a 4x4 off-road circuit, a drift track, a go-kart track, a rallycross circuit and a dragstrip. On the motocross circuit - drawn by Greg Atkins - a few races have already taken place. It also has obtained an FIM-homologation, which increases the suspicion that an MXGP-race will be organized by Infront Moto Racing in the near future.

The results:

MXGP
1 12 Maximilian Nagl (GER) KTM 450 MX1 25 25 50
2 92 Toms Macuks (LAT) KTM 450 MX1 18 22 40
3 211 Paulo Alberto (POR) Yamaha 450 MX1 22 18 40
4 410 Indrek Magi (EST) Kawasaki 450 MX1 16 20 36
5 21 David Goosen (RSA) Yamaha 450 MX1 20 16 36
6 295 Ross Rutherford (GBR) Yamaha 450 MX1 15 15 30
7 121 Hassan Noor Aldeen (BHR) Honda 450 MX1 14 14 28
8 101 Barrak Al Jasmi (KWT) KTM 350 MX1 13 13 26
9 8 Michael Anderson (PRT) KTM 450 MX1 12 12 24
10 37 Ali Ashoor Al Blooshi (ARE) SUZUKI 450 MX1 11 11 22
11 777 Lioyd Vercueil (RSA) Yamaha 450 MX1 10 0 10
12 184 Dennis Stapleton (USA) KTM 450 MX1 0 0 0

MX2
1 102 Richard Šikyňa (SVK) KTM 250 MX2 25 25 50
2 313 Petr Polák (CZE) Yamaha 250 MX2 22 22 44
3 75 Hardi Roosiorg (EST) KTM 250 MX2 18 20 38
4 23 Anthony Raynard (RSA) Yamaha 250 MX2 20 18 38
5 427 Deegan VonLossberg (USA) Husquvarna 250 MX2 16 16 32
6 47 Luis Outeiro (POR) Honda 250 MX2 15 15 30
7 7 Ahmad Al Nuaimi (ARE) KTM 250 MX2 14 14 28
8 18 Abdulatif Al Khannah (KWT) Kawasaki 250 MX2 13 13 26
9 199 Khaled Al Fayez (KWT) Yamaha 250 MX2 12 12 24
10 42 Omar Al Medlij (KWT) KTM 250 MX2 10 11 21
11 88 Vincent Chudron (FRA) Yamaha 250 MX2 11 10 21

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