Organizers of the LPGA Kapalua Classic have pulled out of a four-year deal to host the tournament through 2012 and will not stage the event in October as planned.
The 1.5 million-dollar event was set for October 15-18 at Lahaina on the island of Maui. The backers are a subsidiary of Maui Land and Pineapple, which lost 70.6 million dollars in the last three months of 2008.
Libba Galloway, LPGA deputy commissioner, said in a statement Tuesday that the tour is "extremely disappointed" and that the LPGA will try to enforce legal options under their contract.
The Hawaii event, won by American Morgan Pressel last year, was just ahead of an Asian late-season leg of the LPGA Tour with events in China on October 23-25, South Korea from October 30 to November 1 and Japan from November 6-8.
July 1, 2009
