The Hoppings attracts thousands of visitors, and dates back more than a century but, tonight, ITV News learned that the fair in Newcastle is no more.
A row between the stallholders and the landowners has ended with the showmen deciding to opt out.
Watch the exclusive report from Dan Ashby below.
One of Europe's largest fun fairs has been cancelled after a row over rents for stall holders.
The Hoppings has been a big event in Newcastle's calendar for the last 130 years.
Yesterday the city council and the Freemen of the city, who organise it, said a waterlogged site may force them to postpone it.
But a meeting of the Showmen's Guild voted to call it off completely unless a dispute over pitch terms can be resolved.
The annual Hoppings fair in Newcastle will be open to the public today despite the Town Moor site remaining very wet and muddy.
The opening of the event, which is billed as Europe's largest travelling fair, was delayed for two days after the ground was deemed unsafe on Friday.
Organisers drained much of the water and put straw down to allow the fair to open on Sunday lunchtime.
Thick mud has become a feature of the event, which is notorious for incurring wet weather. However, this year is only the second time in its 130 year history.
Organiser David Wilson described the opening as a "miracle".
"The public have been clamouring to come on, the showmen have been really keen to open, there's such a huge amount of effort gone in and earlier in the week it just looked like it wasn't going to happen. We've had the worst weather in a century and I'm absolutely delighted we've been able to open."
David Wilson, vice chairman of the Newcastle Freemen, welcomes the opening of the Hoppings. It was delayed by two days after heavy rain left the Town Moor site waterlogged and muddy.
The annual Hoppings fair in Newcastle will open to the public at 1.30 pm today, two days later than planned.
For only the second time in its history, the start of what's billed as Europe's largest travelling fair had to be postponed because of the wet weather.
Heavy rainfall in the days leading up to the event left the Town Moor site waterlogged and muddy, making it difficult to set up rides and stalls, and potentially dangerous to visitors.
Organisers say they've now dealt with the problems.
– David Wilson, Newcastle Freemen vice chairman"We brought in massive machines to even out the surface.
"We have also brought in large quantities of bark chippings and straw to soak up some of the water as well as drafting in two submersible pumps to collect water which can then be moved off site."
Organisers of the Hoppings in Newcastle have announced the fair will open to the public on Sunday 24 June at 1.30 pm.
It had been due to start on Friday, but was postponed after heavy rain caused the Town Moor site to become muddy and waterlogged.
The event claims to be the largest travelling fair in Europe, with more than 100 rides and attractions. It dates back to 1882, and this year is only the second time in its history that the start has been delayed.
The Newcastle Hoppings has been postponed because the site on the city's Town Moor is too wet and muddy.
Read the full storyThe organisers of the annual Hoppings fair in Newcastle have confirmed that the event could be postponed until Monday - but even that is weather dependent.
It is only the second time in the 130 year history of event that it has been postponed. A meeting with the showmen is set to take place at 4.30pm.
More inspections will be carried out on the Town Moor in Newcastle this afternoon to see when the postponed Hoppings will be able to go ahead.
The 130th year of the annual fair was due to be opened by the Lord Mayor at lunchtime today. But the Freemen of the city, who organise the event with the Showmen's Guild, say the wet weather and muddy conditions have made it too dangerous at the moment.
It's the 130th anniversary of the first Town Moor fair in 1882. Over the years it's been dogged by bad weather and 1998 had to be postponed for a week for th e same reason.
The annual Hoppings fair in Newcastle is being postponed for only the second time in its history because heavy rain has made the ground too muddy.
The 130th Hoppings was due to start today. Organisers say they will review the situation on a day-by-day basis.
