In terms of Australian sport, the only thing still going is horse racing - but that doesn't mean that they are immune to the financial issues seen in other sports in the country.
With the NRL and AFL both suspended, cricket season in the rear-view and all other sport postponed or cancelled, the racing industry is probably going to gain some fans looking for live sport.
But an announcement from Racing NSW on Sunday is going to hurt those within the racing industry itself.
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Next weekend The Championships will begin at Royal Randwick - but the prize money for the big races has been slashed in half across the board as the COVID-19 crisis worsens.
The five biggest races - Doncaster Mile, TJ Smith Stakes, Australian Derby, Queen Elizabeth Stakes and the Sydney Cup - have all seen reductions of seven-figures.
In a statement from Racing NSW, the impact of licensed venues and TAB outlets closing has affected wagering, which in most cases is the main source of funds for prize money.
"Racing NSW and the Australian Turf Club have agreed that in response to the unprecedented challenges arising from the Coronavirus, prizemoney for The Star Championships will need to be reduced," it read.
"The main source of funding for prizemoney is wagering which will be significantly reduced by the current lockdowns of pubs, clubs and TAB retail agencies.
"Other sources funding for prizemoney, being on-course attendances and sponsorship have also been severely impacted given the public is not currently permitted to attend race meetings.
"Racing NSW has focused on a number of strategic imperatives over the past years, including the establishment of a Future Fund, so as to enable the NSW Racing Industry to continue in the face of such challenges.
"However, it is important that those cash reserves be maintained for as long as possible, so as to fund the industry as a whole given the uncertainty as to how long the challenges and restrictions arising from Coronavirus will continue."
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On Day 1 the Doncaster Mile will see a reduction from $3 million to $1.5 million, while the TJ Smith Stakes will be reduced from $2.5 million to $1.25 million.
On Day 2 the race that Winx made famous - the Queen Elizabeth Stakes - has been slashed from $4 million to $2 million.
The full list of revised prize money for The Championships is below.
DAY ONE
Doncaster Mile - $3 million to $1.5 million
TJ Smith Stakes - $2.5 million to $1.25 million
Australian Derby - $2 million to $1 million
Inglis Sires - $1 million to $500,000
Country Championships Final - $500,000 to $400,000
DAY TWO
Queen Elizabeth Stakes - $4 million to $2 million
Sydney Cup - $2 million to $1 million
Australian Oaks - $1 million to $500,000
Coolmore Legacy Stakes - $1 million to $500,000
Arrowfield 3YO Sprint - $1 million to $500,000
Percy Sykes Stakes - $1 million to $500,000
Provincial Championships - $500,000 to $400,000
