The Billie Jean King Cup Finals should discover a new house after the Worldwide Tennis Federation terminated its contract with host metropolis Budapest.
The inaugural 12-team competitors, resulting from happen in April 2020, was cancelled due to coronavirus.
This yr’s occasion has been postponed till the tip of the season, leaving the ITF a small window to safe a brand new host in very unsure instances.
Any new deal is more likely to be considerably inferior financially.
The three-year settlement with Budapest offered $12m (£8.6m) per yr for the gamers and an additional $6m (£4.3m) for nationwide federations.
The Hungarian Tennis Affiliation (HTA) wrote to the ITF on 22 April to say this yr’s occasion couldn’t be staged safely on account of Covid-19.
The letter additionally strongly urged the cash promised might now not be justified and that earlier commitments would should be fastidiously examined to make sure they represented good worth for the taxpayer.
The ITF mentioned: “After working collectively in good religion for the previous yr, we had been stunned and upset to be told that the HTA now not considers it doable to carry the occasion in Budapest.
“Given the timing, the ITF has been left with no different possibility than to finish the internet hosting settlement with Hungary and discover another resolution.
“The ITF will do the whole lot in its energy – for the game, the gamers, nations, and the followers – to make sure this landmark competitors in tennis and girls’s sports activities can be held as quickly as it’s moderately practicable.”
This yr’s occasion had been pencilled in for early November, on the completion of the WTA Tour season, with the 2022 Finals resulting from happen simply 5 months later.
Time is of the essence because the ITF tries to safeguard the way forward for the 58-year-old competitors, which till not too long ago was generally known as the Fed Cup.