The International Athletics Foundation has given notice of the cancellation of the 2015 World Athletics Gala, which was to be held in Monaco on November 28th. Mondo, a sponsor of the event for several years, agrees with the thoughts of the newly elected president of the IAAF Sebastian Coe: "Given the cloud that overhangs our association, this is clearly not the time for the family of world athletics to come together and celebrate our sport, "said Coe.