Colorado Classic won't return to Colorado Springs next year

Colorado Classic Stage 1, women's race. Aug. 10, 2017.

COLORADO SPRINGS, Colo (KKTV) - The Colorado Classic bicycle race won't return to Colorado Springs next year.

City leaders say the race, which looped from downtown to Garden of the Gods and through Old Colorado City on Thursday, was a success despite complaints of congestion and slowed business. They'd still like the Classic to return in the years to come.

But, its first stage cost the city and organizations such as the Lodgers and Automobile Rental Tax Advisory Committee about $500,000 and many months of preparation, said Bob Cope, the city's economic development manager, and Tom Osborne, CEO of The Sports Corp.

The decision not to extend that money to bring the race back in 2018 was made about six months ago, Osborne said. His organization instead will support the U.S. Senior Open golf tournament at The Broadmoor next July. They will, however, make a bid to bring the race back to Colorado Springs in 2019.