This SportRider article confirms what I've been hearing. COTA has not secured the MotoGP race rights. I hope they do so soon!
[quote]Tavo Hellmund, the racing promoter credited with envisioning and then creating the framework for the Austin F1 race through his contacts within the racing industry---including F1 supremo Bernie Ecclestone---has filed suit against his former financial partners in the Austin venture...
...his longstanding motorsports contacts that enabled him to land a contract for a Formula One race in the Austin area (in addition to MotoGP and Australian V8 Supercars races in 2013), was pulled out from under him via "an improper and unlawful takeover" by McCombs/Epstein "withholding...promised funding." The suit states that Hellmund offered McCombs and Epstein 75 percent of the venture in exchange for financial backing, but when they failed to pay Ecclestone the required $23 million fee for the original F1 race contract in September of last year, that contract Hellmund negotiated was cancelled (this theoretically put McCombs and Epstein in the driver's seat for a new contract that wouldn't include Hellmund...but it ended up resulting in a protracted stalemate with Ecclestone, who is a longtime friend of Hellmund's, that was only saved at the last second).
...the significance of this brouhaha in Texas is that [b]Hellmund still holds the MotoGP contract that was announced with much fanfare back in April 2011. Thus with this latest move, unless he signs it over to COTA or someone else in much more favor with current COTA management, the chances of the 2013 debut of MotoGP in Austin are pretty darn slim.[/b]