Buick, PGA TOUR withdraw all working agreements

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The PGA TOUR and Buick jointly announced Tuesday that as a result of the recent court-supervised restructuring of General Motors, all agreements between Buick and the PGA TOUR have been withdrawn.

This brings to an end the Buick Open at Warwick Hills, (Grand Blanc, Mich.) and Buick's sponsorship of the Buick Invitational at Torrey Pines (LaJolla, Calif.). While this is disappointing news, both the PGA TOUR and Buick remain in discussions regarding future sponsorship possibilities.

An announcement from the PGA TOUR will be made Wednesday regarding a replacement for the Buick Open's tournament date on the 2010 PGA TOUR schedule. The TOUR, meanwhile, remains very interested in maintaining a tournament presence in Michigan and is currently exploring opportunities.

The PGA TOUR and the Century Club of San Diego will continue discussions regarding sponsorship of the Invitational.

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. Buick would like to express its appreciation to the TOUR, which has been a fantastic partner and good friend.

The PGA TOUR expresses its sincere appreciation to Buick for its longstanding support and being such a valuable partner of the TOUR, dating back 51 years with the Buick Open, and looks forward to continuing discussions about the future. -- Rick George (Chief of Operations, PGA TOUR) and Susan Docherty (General Manager, Buick-Pontiac-GM)