Jeep 48Straight / King of the Mountain Cancelled?

Tough times in the auto industry has touched the MTB community:

"Jeep 48Straight Cancelled?
Looks like Jeep has pulled out of sponsoring the 48Straight winter series. We're looking into details regarding the details or potential cancellation of the summer series. Go to 48straight.com"

Via Decline Magazine » Jeep 48Straight Cancelled?.