Austin’s MotoGP round is in jeopardy after the Circuit of the Americas last night announced it was temporarily shutting down.

It would appear the US lockdown, postponement of MotoGP until November and a probable postponement of a Rolling Stones gig has put too much pressure on the track’s cash flow for it to continue functioning full time.

It has either let employees go entirely or drastically reduced their hours.

The track put out this strangely-worded statement late last night:

We are heartbroken for our employees (and their families) who spend all year preparing to welcome guests from Austin and all around the globe but now find themselves without work.

The joy of creating memorable occasions has been replaced with the disappointing reality of a worldwide crisis.

It is indeed a terrible time in the event and hospitality business.

Most of all, we hope that everyone stays healthy, heeds the caution advised by leaders and experts and comes back to COTA when good times return.

Last Saturday, the city banned any gathering of more than 250 people until May 1 while the Centre for Disease Control went one step further on Sunday, recommending that no more than 50 people be in one place.

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