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Hy-Vee Inc. announced Tuesday it is discontinuing the Hy-Vee Triathlon, an annual event that draws thousands of runners, bikers and swimmers and millions of dollars to the city year year.

But don't write the obituary on the triathlon just yet.

Premier Event Management, the company that produced the Hy-Vee Triathlon, said it plans to keep the event going, starting this summer.

"We still have the permits for the city. And we will be doing the new, inaugural Des Moines Triathlon," said Bill Burke, Premier's race director.

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