By Steve Tawa

PHILADELPHIA (CBS) – There will be a professional bike race the first weekend in June this year, but it won’t be put on by the organizers who’ve done it the last 28 years.

Race co-founder David Chauner is out, and a new nonprofit organization is being set up to run what they will call the “Philly Cycling Classic.”

The organization will include a mix of sports, business, and community leaders including Robin Morton, the new race director; Alan Morrison and Richard Adler, who have put on the Philadelphia Triathlon; and Karen Bliss, a former pro cyclist now with the Philadelphia-based bicycle manufacturer Fuji.

Also on the new team are Ryan Oelkers, who runs Cadence Cycling Foundation; Bob Clowry, co-owner of Winnie’s LeBus restaurant; and Jane Lipton of the Manayunk Development Corporation.

Chauner announced recently that he was not able to put on the race this year due to the lack of a title sponsor and rising city costs, but he had hoped to return next year (see related story).

The new group indicates it is still lining up sponsors and will have more details on the event in the coming weeks.