International X Games events in France, Brazil, Germany and Spain will not be staged in 2014 but two US events remain on the schedule, organizer and telecaster ESPN announced Thursday.

The extreme sports competitions -- featuring such events as snowboarding, motocross, skateboarding and rally car racing -- had been staged in Munich, Barcelona, Tignes, France and Foz do Iguacu, Brazil.

"We are proud to have run world-class competitions for both the athletes and spectators," ESPN said in a statement.

"However the overall economics of these events do not provide a sustainable future path."

US X Games events will be staged next January in Aspen, Colorado, and next May in Austin, Texas.