Update: The event's official name is going to be "The Jay at Maverick's Big Wave Invitational". Currently the Half Moon Bay Surf Group Inc. only has a facebook page, which includes a press release detailing the changing of the guard.
Just got off the phone with Grant Washburn, famed Maverick's surfer who is leading the charge to change the controlling interest of who runs the contest. Washburn confirmed what both the Half Moon Bay Review and San Jose Mercury News reported yesterday, that the new group, now calling themselves the Half Moon Bay Surf Group Inc., have wrested the single annual permit issued by the San Mateo Country Harbor District for a surf contest at Maverick's away from Keir Beidling's Mavericks Surf Ventures (MSV), who ran the contest since 2004. The decision by the board leaves Beidling and MSV out in the cold, while the new group will now run what will be called the Maverick's Invitational.