State Farm will drop LPGA Tour event sponsorship after almost 20 years

Organizers of the annual LPGA Tour stop in Springfield, Ill., say State Farm is dropping its sponsorship after this year.

Kate Peters, executive director of the LPGA State Farm Classic, said Friday that she was disappointed by the decision. She said the tournament will try to find a new sponsor.

State Farm has sponsored the tournament for the past 19 years. A message left for a spokeswoman with Bloomington, Ill.-based State Farm was not immediately returned.

This year’s tournament is in June.