El Tour de Vegas is no more.

Perimeter Bicycling Association of America announced they would be discontinuing the production of the Las Vegas bicycle ride after a year.

The president of Perimeter, Richard DeBernardis said they decided to discontinue producing the event after the City of Las Vegas decided to stop providing assistance with traffic control costs.

“Sadly, Perimeter will not produce a 2015 perimeter event in Las Vegas. We loved working with everyone in the Vegas community. We’re a small non-profit organization that relies on the support of local municipalities in order to produce an event of this stature. El Tour de Tucson and El Tour de Mesa are what they are today because the local municipalities support these events through City, County, and/or convention & visitor bureau funding. Without municipal support, Perimeter Bicycling is unable to produce events like this.”

Perimeter took over the event in 2014 after the Regional Transportation Commission of Southern Nevada, the group that organized the ride previously, canceled the event because they lost $117,000 on the 2013 event.

Perimeter produced the 2014 event in which 380 cyclists participated.

Read Perimeter’s post about the decision here.