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West Palm Beach, FL (Sports Network) - Samsung, the namesake of the LPGA Tour's Samsung World Championship since 1995, is out as the tournament's title sponsor.
The news was first announced by Golf Channel.
Acting LPGA Tour commissioner Marty Evans told the tour in a memo that "all indications during the tournament week were to the contrary." IMG Golf is the owner of the tournament and will begin searching for a new title sponsor immediately.
Na Yeon Choi defeated Ai Miyazato by a single stroke at this year's Samsung World Championship, which was played for the first time on the South Course at Torrey Pines.
The announcement came a day after State Farm renewed its contract for the LPGA State Farm Classic for two more years.
10/02 17:31:04 ET
