Jersey will not host the popular Super League Triathlon Series in 2022, after two of its main sponsors pulled out.
Some of the world's best triathletes take part with races scheduled for London, Munich and Malibu, but the Jersey date has been removed from the schedule.
Jersey welcomed the event in 2021 but will not be part of this year's circuit after organisers confirmed to ITV News that "economic and scheduling factors" made it impossible to organise a return trip.
With corporate sponsorship withdrawn, half of the budget for the event has disappeared. It costs around a million pounds to put on.
They also found the date they had scheduled, the 24-25th September, clashed with another event being hosted at the Radisson Blu hotel in St Helier, where the triathlon usually bases itself. Organisers attempted to move the races to the following week, but were unable to do so.
Since 2018 Jersey's government have contribute £250,000 every year for five years to the event, and 2022 was due to be the final year of this agreement. However, it's been ended early by mutual consent, and the government has not paid this year's contribution.
Super League Triathlon Founder Michael D'hulst said: "Jersey has been the spiritual home of Super League Triathlon, loved by fans and athletes alike.
"Unfortunately for 2022, economic and scheduling factors mean it will not be possible to host the event but we hope to return again in the near future.
"I would like to thank all in the Economy Department for their unwavering support in helping us to deliver the event over the past 4 years, and also to the community of Jersey who have been so supportive of the event."
A spokesperson from RBC said in a statement: “We have always been proud of our connection with the community and recently undertook a review of our community events and participation to ensure that RBC has a meaningful and long-lasting impact on youth and the environment within the Channel Islands. In order to engage our employees and give back to the communities where we live and work, we will shortly be announcing new and enhanced partnerships which we believe will have a measurable impact on society and the environment in Jersey.”