Autódromo Termas de Río Hondo MotoGP and Moto2 official tests. The track was to host the Argentine motorcycle Grand Prix in 2013, but the government's nationalisation of the local subsidiary of Repsol S.A., and the ensuing cancellation of gas exports to Argentina raised concerns for the safety of the Honda MotoGP team that is sponsored by the Spanish oil company, forcing a one-year postponement. In previous years, the circuit has also hosted events in the TC2000, Turismo Carretera and Formula Renault series. Autódromo Termas de Río Hondo Autódromo Termas de Río Hondo is a motorsport circuit located in Termas de Río Hondo, Argentina. The circuit
YPF Investment in exploration at YPF as a percentage of profits had been far below those in most other Repsol subsidiaries. Market analysts and Repsol blamed the decline in exploration and production on government controls on exports and prospecting lease awards, and price controls on domestic oil and gas. Political risks and government intervention, including price controls, have discouraged foreign investment in oil production in Latin America in general. President Cristina Fernández de Kirchner raised YPF frequently in speeches during March 2012, claiming that underinvestment and excessive dividends at the firm had caused declines in output. Governors in six fossil-fuel producing