The 15-city, eight-country J.P. Morgan Corporate Challenge Series has been cancelled in its entirety for 2020, Series owner and operator JPMorgan Chase announced today.
The Corporate Challenge had been exploring the possibility of conducting all 15 of its events in the second half of the year. But ongoing uncertainty of the effects of COVID-19 dictated a more cautious approach.
The Corporate Challenge was founded in 1977 and had been conducted for 43 consecutive years through 2019.
In the 2019 Series year, the Corporate Challenge attracted 251,299 total runners and walkers from 7,581 companies. It was poised to build on those numbers in 2020 with the addition of three expansion markets – Buenos Aires, Dallas and Philadelphia. The other affected markets are Boston, Buffalo, Chicago, Frankfurt, Johannesburg, London, New York, Rochester, San Francisco, Shanghai, Singapore and Sydney, along with the J.P. Morgan Corporate Challenge Championship, which had been scheduled to take place at the London event.
“This is a unique chapter in the long, successful story of J.P. Morgan Corporate Challenge, but it won’t be the last,” said Ariel Lin, Executive Director in Sports & Event Marketing for JPMorgan Chase. “This would have been the biggest year in our history, with races on all six continents. But our enthusiasm will hold for a year as we commit to the safety of our participants.”
Entrants and companies in Corporate Challenge cities that had begun registration will receive a full refund of their race entry fee and/or post-race hospitality.
JPMorgan Chase will fully honor its planned donations to not-for-profit organizations in each Corporate Challenge city.