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South Africa tournament on hold

Updated: February 1, 2013, 3:03 PM ET
Associated Press

PORT ELIZABETH, South Africa -- The South African golf tournament claiming to be among the richest anywhere outside the United States and a challenger to some of the world's top events has been indefinitely postponed.

Organizers said Friday that the Tournament of Hope, which was to have prize money of $8.5 million, won't take place in November as planned and has been "put on hold for the foreseeable future" after failing to secure sponsorship.

South Africa's Sunshine Tour says that ...

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