Last week the world renowned Maverick surf competition lost its sponsor Barracuda Networks.
The half moon bay swell is infamous for its extremely high waves and dangerous rocky beach. Waves can be between 25 to 80 feet high (for amateur surfers, just 10 feet is too high). However, these two effects of nature did nothing to stop the avid, albeit a little crazy, surfer. Big wave enthusiasts are too addicted to the adrenaline rush and feel of a high drop down. Even with two deaths associated with the swell (Mark Foo and Sion Milosky), with more not even accounted for, the contest draws regular crowds.
Yet, with a lack of a sponsor it looks like the contest will be on hiatus until some other group/person/company can fund it again.
Check out a more detailed account of the sponsorship issues here.