(ORANGE BEACH, Ala.) The big "Thunder On the Gulf" speedboat racing event has been canceled for the year. Organizers say they couldn't get enough sponsors to continue the event that's normally held in October.

Friday, organizers behind this event said

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Just another sign of the times, the economy is still not where it once was and won't be for some time. It's sad to hear about the cancellation of this race, as so much work and time has gone into putting it on this event and the economical loss to the local economy will be felt. To all those that have worked tirelessly to try and bring this race to Orange Beach and to all the sponsors, volunteers and everyone else involved, thanks for your hard work and efforts. Thanks for posting this information Tim.

It is so true the economy plays a big factor right now for a lot of race site, and isnt going to get better any time soon. OB is an awesome site and really enjoyed racing there it sucks to lose sites this way. Another favorite that was affected by todays economic times is Morehead City that was a another awesome site love the fans and the city we always looked forward to racing there.

Sad a lot of races will not be a go I feel bad for the promoters who have to lie till the last minute not to loose boat count??

There is still time for Gary to pull things together in OB, I hope he can!

Frank, as always, we would love to have you and your team join us for the 7th Annual CCGP in Morehead City 14-16 Sept...everyone is welcome!!

Was this an OPA event?

NO.

Palm Beach World Championships replaced OB so OPA had no intention of going back in 2012.

They did not seem to name who was going to sanction the event this season. ?

Well if its not OPA , SBI , or for sure P1 (it would be to rough for their style of racing) money or no money you might not see a race there this yr.

All the orgin ran there one time or another ( APBA,SBI,OPA ) and none of them seem to last more then a yr or two for some reason. It just never was a site that seem to work for them.

OPA used to race there for the Worlds but this year OPA will race at Jupiter, FL for the Worlds.

Chris