Organizers announced the cancellation on Monday. KTVM-TV reports organizers of the event that celebrates the city’s famous motorcycle daredevil were only able to come up with a fraction of the needed sponsorship money.
They said asking Butte businesses to shoulder the costs of multiple events within a few weeks of each other is unfair and unsustainable.
Butte holds a Freedom Festival July 3-4 and the Montana Folk Festival July 13-15. Knievel Days were scheduled for July 26-28 and the Irish festival An Ri Rah is set for Aug. 10-12.
Knievel Days had been held for 16 years.