2024 Argentina MotoGP canceled amid economic turmoil

"The FIM, IRTA, and Dorna Sports have confirmed the cancellation of the 2024 Argentina GP," the statement read. "Given the current situation in Argentina, the event's promoter has indicated it cannot ensure the necessary services are in place for the Grand Prix to meet MotoGP's standards in 2024."

Originally scheduled for April 7 in Termas de Rio Hondo, northern Argentina, the race will not be rescheduled for the 2024 season. MotoGP expressed its intention to return to Termas de Rio Hondo in 2025.

The cancellation comes amid widespread economic turmoil in Argentina, highlighted by a massive general strike last week in Buenos Aires and other areas against President Javier Milei's stringent economic policies. Official statistics from INDEC in January reported the country's annual inflation rate reached 211.4% in 2023.