Sunshine Tour

Mega SA golf event on hold

2013-02-02 07:44
Tournament of Hope logo (File)
Somerset West - The Sunshine Tour, in conjunction with the International Federation of PGA Tours, on Friday announced that the much-anticipated $8.5m Tournament of Hope has regrettably been put on hold for the foreseeable future.

Scheduled for a first staging in late November 2013, the Tournament of Hope is sanctioned by all the member Tours that make up the International Federation of PGA Tours. However, the Sunshine Tour confirmed that its commercial partner has been unable to fulfil the expectations of potential sponsors for various reasons beyond its control.

While the necessary funding for the event was originally in place, the recent weakening of the Rand has added more pressure to the budget and it has been decided it would be unreasonable to expect sponsors to commit to the event at this stage.

“It is deeply regrettable that we have had to take this decision,” said Selwyn Nathan, Executive Director of the Sunshine Tour.

“However, we as a Tour cannot be associated with an event that cannot deliver all of our sponsors' expectations at a fair price and therefore puts them and us at risk. We will continue to work with the International Federation to implement suitable guarantees to sponsors who commit to the event, which will allow us to move forward to the first staging of the Tournament of Hope.

“There has been an overwhelming amount of support for this event from South African and international sponsors and we thank them for their commitment and interest. We look forward to making further announcements in due course that will provide clarity on the way forward in order to deliver this world-class event to South African golf fans.”

The Sunshine Tour has been engaged in ongoing discussions with Sun International and Nedbank to explore the possibility of combining the Tournament of Hope and the Nedbank Golf Challenge. With these recent developments, both Sun International and Nedbank have reaffirmed their commitment both to the growth of the game in South Africa and to the staging of the 33rd Nedbank Golf Challenge in its traditional year-end period within the Sunshine Tour’s 2013 summer swing.

Further announcements about the date and the final format of the 2013 Nedbank Golf Challenge will be made in due course.

Read more on:    sunshine tour  |  golf

What To Read Next


Read News24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.
Live Video Streaming
Video Highlights
Sport Talk


Which is your favourite event on the golfing calendar?

Love 2 Meet
English Premiership flutter

Take Sport24's "expert" tips at your peril...


The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.