LPGA cancels Palos Verdes Estates event after underwriter fails to make payments

The LPGA canceled the Fir Hills Seri Pak Championship in Palos Verdes Estates on Friday because the underwriter of the tournament failed on payments for the 2024 and 2025 tournaments.

Nelly Korda was the defending champion at Palos Verdes Golf Club, which had been scheduled for March 20-23.

The LPGA in a statement said canceling the tournament was unavoidable because the underwriter failed to fulfill “any portion of its payment obligations.” The tour said it would work with title partner Fir Hills and Pak, the Hall of Fame tournament host, to explore other options.

“We are deeply disappointed to announce this year’s FIR HILLS SERI PAK Championship will not go forward in March,” said Interim LPGA Commissioner Liz Moore in a statement. “We apologize for the impact this has on our players, as well as on our fans, partners and volunteers. We also want to express our heartfelt gratitude to the staff and members at Palos Verdes Golf Club, Palos Verdes Estates, and tournament operator, Outlyr, for their exceptional partnership and hospitality. It is our intention to return to Palos Verdes in the future to host title sponsor, FIR HILLS, once again alongside these great partners. We remain dedicated to bringing this event back to our schedule to honor the incredible legacy of Seri Pak, who has been a wonderful ambassador for the game and this event.”