Anyone who had applied to take part won't get a refund after the company went into liquidation.
The event had due to be take place in March at Escot Park near Honiton.
A statement on the company's website blames falling sales.
Exeter's Rocksolid Race cancelled
More from Local News
-
Complaints made after animal activity licence backlog
It's taking North Devon Council up to 6 months
-
City draw at home
Reece Cole saves a point for Exeter
-
Cars damaged in bid to buy cheaper
Substance poured on engine to cause fault
-
Torbay Council considers 'fire and re-hire' in pensions wrangle
'It would only be as a last resort and not a decision that we would take lightly'
-
Elderly pedestrian hit by car in Paignton crash
23-year-old woman arrested
-
Top up payments for Ukrainian hosts in North Devon
Households in the area to receive £425
