This month's Boat Race, an annual rowing race between the Cambridge University Boat Club and the Oxford University Boat Club, has been cancelled because of the coronavirus pandemic.
The men's and women's races were due to take place on March 29 in London.
"This decision is based entirely on our concern for the welfare of our crews, our spectators, our staff and volunteers," a statement from organisers reads.
Robert Gillespie, chairman of The Boat Race Company Limited, said: "Given the unprecedented situation our country and each of us as individuals faces, the public good far outweighs all other considerations.
"Cancellation of The Boat Race is therefore clearly the correct decision, but it is not without sad consequence.
"Our thoughts are very much with the athletes who have worked so hard and made immense sacrifices to represent their university and are now unable to do so."
He added: "To cancel is not an easy decision and we realise this news will undoubtedly disappoint all those who look forward to the race each year – whether watching on the riverbanks, on TV or online.
"We would like to thank our partners, fans, the local businesses and community for their continued support."
Yesterday, British Prime Minister Boris Johnson advised against mass gatherings amid the coronavirus pandemic, effectively cancelling all remaining sporting events.
Johnson said that from today, mass gatherings requiring emergency workers are something "we are now moving emphatically away from".
The number of people who have died from coronavirus in the United Kingdom has reached 55, while more than 1,500 people have tested positive.
Last year, Cambridge won both the men's and women's events at the 165th Boat Race.