Tournament host Tiger Woods expressed bittersweet feelings after he lost out in a playoff for the Northwestern Mutual World Challenge at the Sherwood Country Club in Thousand Oaks, California on Sunday as the elite event ended a run of 14 years in California.

In December 2014, the World Challenge will shift to Isleworth Country Club outside Orlando in Florida, but Woods will long treasure memories of his five previous victories at Sherwood and the $25 million raised by the tournament for his foundation.

"It is very sad to obviously leave Sherwood because there are so many great memories for me personally," world No.1 Woods told reporters after being beaten at the first extra hole by fellow American Zach Johnson.

"This was the last time my dad ever got a chance to watch me play live, and this event has always had special meaning for my father and me.

"Without this event, we wouldn't be able to build the learning center which we did down in Orange County, and over 100,000 kids have now gone through our facilities."

Woods, World Challenge champion in 2001, 2004, 2006, 2007 and 2011, had been bidding for his sixth tournament victory of 2013 but was still able to reflect on a highly successful campaign after being denied by Johnson.

"Pretty damn good year," said Woods, who won a season-high five times on the PGA Tour before being voted Player of the Year for a record 11th time.

"Five wins, and you know, on some pretty good venues, so I'm very pleased with the year."

Though Woods failed to add to his career haul of 14 majors, he won five of his first 11 PGA Tour events, clinching the Farmers Insurance Open, the WGC-­Cadillac Championship, the Arnold Palmer Invitational, the Players Championship and the WGC-Bridgestone Invi­tational.

Woods especially likes the look of the venues for next year's majors.

He has always enjoyed playing at ­Augusta (the Masters), has placed ­second and third in the last two US Opens staged at Pinehurst and has previously triumphed at both Hoylake (2006 British Open) and Valhalla (2000 PGA Championship).

"I've won at every one, except for Pinehurst, and I'm trending in the right way," Woods said.

"So I'm looking forward to the major championship venues next year. They have set up well for me over the years and I look forward to it."

AFP - Global Times