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 After rampant speculation that the economy and government intervention would cause Buick to end its remaining sponsorship agreements with the PGA Tour, the split has been made official.
In a statement released today, Buick and the PGA Tour cited the recent court-supervised restructuring of General Motors as the main reason behind withdrawing all agreements between Buick and the Tour, effectively ending the Buick Open and Buick Invitational.
The Buick Open, which was played for the last time over the weekend in Grand Blanc, Michigan and won by Tiger Woods, has been a fixture on the PGA Tour for 51 years. Last week, Golfweek reported that The Greenbrier Resort in White Sulphur Springs, West Virginia would likely take the Buick's place on the schedule, sponsoring and hosting an event.
The split also puts an end to the Buick Invitational at Torrey Pines in La Jolla, Calif., although the PGA Tour and the Century Club of San Diego, which runs the tournament, said they are pursuing other avenues regarding sponsorship.
"Buick and the PGA Tour have shared a strong five-decade long mutually beneficial relationship that has seen phenomenal growth in professional golf through the years," the joint release from the PGA Tour and Buick read. "Buick would like to express its appreciation to the Tour, which has been a fantastic partner and good friend."
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