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Yamaha boycotts Qatar GP over safety concerns as MotoGP threatens consequences

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Yamaha boycotts Qatar GP over safety concerns as MotoGP threatens consequences

Yamaha will not race at Lusail because of company-wide travel restrictions linked to the Middle East conflict. MotoGP insists the event will proceed and warns that the decision could have contractual and sporting consequences.

Directly affected

  • No company is named in this report.

Indirectly affected

  • XLY Consumer Discretionary Select Sector SPDR+2.3% 30d

    Consumer Discretionary Select Sector SPDR: it holds travel and leisure firms. Linked by “travel” (travel) in this story.

  • QAT iShares MSCI Qatar ETF

    iShares MSCI Qatar ETF holds stocks listed in Qatar, which this story is about (“qatar”).

  • MAR Marriott International+4.9% 8d

    Marriott International (hotels and motels): travel firms move with tourism demand. Linked by “travel” (travel) in this story.

  • BKNG Booking Holdings-12.1% 30d

    Booking Holdings (transportation services): travel firms move with tourism demand. Linked by “travel” (travel) in this story.

  • RCL Royal Caribbean Cruises+23.2% 30d

    Royal Caribbean Cruises (water transportation): travel firms move with tourism demand. Linked by “travel” (travel) in this story.

  • HLT Hilton Worldwide Holdings+16.7% 30d

    Hilton Worldwide Holdings (hotels and motels): travel firms move with tourism demand. Linked by “travel” (travel) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
XLYNo price data for this ticker———————
QATNo price data for this ticker———————
MARNo price data for this ticker———————
BKNGNo price data for this ticker———————
RCLNo price data for this ticker———————
HLTNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Yamaha boycotts Qatar GP over safety concerns as MotoGP threatens consequences Grande Prêmio

Source: Grande Prêmio

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Middle East on the map for this story

Middle East

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Middle East

12 out of 100

“Yamaha boycotts Qatar GP over safety concerns as MotoGP threatens consequences” scores 12 out of 100. The score uses 1 sources.