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LPGAs Torrey Pines event loses sponsor

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Amid a rash of positive sponsorship news on the LPGA front, GolfChannel.com learned via a memo from acting commissioner Marty Evans that the circuit will lose Samsung as the title sponsor of its World Championship held last month at Torrey Pines.

According to the memo the tour was “surprised” to learn of Samsung’s intentions early Oct. 2 because, “all indications during tournament week were to the contrary.”

IMG Golf, which owns the event, is optimistic they will find a replacement sponsor before next year’s event, which was won this year by Na Yeon Choi.

“Samsung was a terrific title sponsor of this event for 15 years, which is an incredible run,” Jon Wagner, the senior vice president of IMG Golf, told the Sports Business Journal. “This tournament is one of the gems of the LPGA Tour schedule and we will begin actively talking to new potential title sponsors as the World Championship heads into its 30th year of play.”