Tiger Woods’ foundation to run PGA Tour stop at Riviera near L.A.

Tiger Woods is the new host of the PGA Tour’s annual stop at Riviera Country Club.

The Tour announced Tuesday that Woods’ foundation will also run the event. Hyundai Motors, whose American base in southern California, is taking over the title sponsorship of the event from financial services company Northern Trust, although the tournament’s new name has not been formally announced.

The Tiger Woods Foundation also runs the Quicken Loans National, played in the Washington, D.C., area, the unofficial Hero World Challenge in the Bahamas in December and the Deutsche Bank Championship, the second of four FedEx Cup playoff events. Woods’ foundation will not run the Boston-area playoff event after this year, however, with the PGA Tour’s tournament management arm taking over the logistics.

The 40-year-old Woods has not played on the PGA Tour since last August, when he finsihed a season-best tied for 10th at the Wyndham Championship in a last-ditch effort to make the FedEx Cup playoffs. Since then, Woods has faced two back surgeries, one in September and another in October, and his playing future is uncertain. However, when Woods does return to competition, he will play in the Riviera event. He hasn’t competed in the old Los Angeles Open since 2006.

”This is a fantastic opportunity for my foundation,” Woods said in a statement. ”This is the first PGA Tour event I ever played, and it means a lot to contribute to a community that has supported me and my foundation for more than 20 years. I’m committed to playing in my foundation’s events, and it will be exciting to return to Riviera.”

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