After 14 years, organizers have announced the Amgen Tour of California won't be happening in 2020.
The announcement was made Tuesday afternoon by AEG citing business fundamentals as the reason for the hiatus.
"This has been a very difficult decision to make, but the business fundamentals of the Amgen Tour of California have changed since we launched the race 14 years ago," said Kristin Klein, president of the Amgen Tour of California and executive vice president of AEG Sports, in a press release. "While professional cycling globally continues to grow and we are very proud of the work we have done to increase the relevance of professional cycling, particularly in the United States, it has become more challenging each year to mount the race. This new reality has forced us to re-evaluate our options, and we are actively assessing every aspect of our event to determine if there is a business model that will allow us to successfully relaunch the race in 2021."
AEG says Amgen has contributed more than $3.5 billion to the California economy over the years.
Top cyclists ride through various cities throughout the state, including the Central Coast, during the week-long race.