In a message from the Cabo Wabo Cantina in Cabo San Lucas, Mexico, Hagar spoke about the extraordinary triumph of station built, branded, and programmed by legendary radio/television star Shadoe Stevens.

Cabo Wabo Radio launched on December 31, 2007 and is broadcasted worldwide from Hagar's Cabo Wabo Cantina in popular spring break destination Cabo San Lucas, Mexico.

'Shadoe built the most exciting and original station I’ve ever heard and exceeded our expectations on every level,' Hagar said,

'In six months he took it from zero listeners to more than 130,000 in 100 countries, with 10,000 VIP members on our website, another 1,500 myspace friends, and listed as a Staff Favorite on iTunes.

Hagar went on to explain his decision, 'It’s paradoxical that it’s the success of the station that’s the problem. It has snowballed and grown so fast and gotten so big that it has demanded an ever-increasing level of participation from me. I’ve had to put on the brakes. I’m simply too over-extended. I have a new album, a new studio, tours, Cabo Wabo Cantinas, Cabo Wabo Tequila, we just opened our first Sammy’s Beach Bar and Grill on Maui, and there have just become too many things demanding my attention.

'I try to give 150% of myself to anything I get involved with and I found I can’t be there on the scale that this station deserves. I really regret having to prioritize things this way, but I haven’t had time to participate so we’re going to put some things on hold.'

Shadoe Stevens, known for his creative diversity and exceptional output, said he was disappointed but will now be dedicating more time to his other projects which include several other radio formats in development for other clients, two television series, and a partnership with Tony Hawk on a major motion picture Stevens created.

He said, 'As with everything Cabo Wabo Radio has been, we’ll celebrate all day our last day, replaying the very first thing ever broadcast on the station, Sammy Hagar’s incredible 60th Birthday Bash. We’ll replay it all day Saturday, January 10th. It will be a special treat for Redheads and Sammy fans around the world.  All Sammy music and the birthday bash for 24 hours straight, the final salute to “Rock Radio the Way God Intended It.'

Sammy went on to say, “We’ll be back.”