The Tour de Fat, a bicycle parade and charity fundraiser, has ended its annual event in Tempe after 15 years.

New Belgium Brewing sponsored the event, and company officials said in a release they have “made the difficult decision not return to Tempe in 2023.”

Rather, the company will focus its efforts in its home states of Colorado and North Carolina.

“It’s been an absolute pleasure hosting Tour de Fat in Tempe for the past 15 years, and we want to thank the City of Tempe and our (nonprofit)  partners for their constant support,” company officials said.

The first year Tempe hosted the event was in 2005, and it has taken place every year except for the pandemic in 2020-21.

“Tempe has been a proud host city for New Belgium Brewing’s Tour de Fat over the last 15 years,” Savannah Harrelson, a city public information officer, said.

“While we will miss sharing in this beloved bike party with our community, we applaud New Belgium for its continued commitment to giving back to the bicycle advocacy groups through donations and grants, and we wish them continued success.”

In lieu of the bike parade and event, Tour de Fat will make a  $10,000 donation to each of its Tempe nonprofit partners, “and we remain committed to assisting them through our grant process,” the release stated.

The Tempe nonprofits include Tempe Bicycle Action Group, Bike Saviours and Central Arizona Mountain Bike Patrol.