Tour looking for new sponsor

Reuters - Wed, 17 Mar 15:42:00 2010

The PGA Tour are searching for a new sponsor for the World Golf Championship event at Doral after software company CA chose not to extend their deal.

2010 Tiger Woods lines up his put with his caddie Steve Williams on the famed 18th hole at Doral in Miami. - 0

The business software company said in a joint statement with the PGA Tour that they were ending their backing of the event which was won on Sunday by South African Ernie Els.

"CA will be executing a new corporate marketing program focused on delivering more regional events and customer relationship programs around the world. As a result, we will no longer sponsor the World Golf Championships beyond 2010," said spokesman Bill Hughes in the statement.

PGA Tour commissioner Tim Finchem said he hoped to find a new backer for the tournament, which is one of four annual events making up the World Golf Championships.

"We will move forward in securing a new title sponsor for the CA Championship. We are confident we will be at TPC Blue Monster at Doral next year," he said.

The event has been held since 1999 and was sponsored by CA from 2006. It has featured at Doral since 2007 having previously moved from different venues in the United States and Europe.

It replaced the Doral Open which had been part of the PGA Tour from 1962.

Reuters

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