Eroica Britannia will relocate to Goodwood in Sussex for 2022, with a taster event to be held in September 2021.
The British edition of the international series of retro cycling festivals has previously been based at Bakewell in the Peak District.
The organisers had been seeking a new location in the Peaks since 2019, but have now settled instead on Goodwood in the heart of the South Downs National Park.
"We are delighted to announce that Eroica Britannia is moving to Goodwood, the sporting estate in West Sussex," reads a statement from Tim Hubbard, co-founder of Eroica Britannia.
"The Goodwood team are kindred spirits. Indeed, when we first started planning Eroica Britannia back in 2012, the Goodwood Revival was a major inspiration. What's more, Goodwood has a cycling history: for those who remember, it hosted the 1982 UCI Road World Championship, aptly won by an Italian, Giuseppe Saronni.
"We leave Derbyshire with great memories and are excited about the next chapter. Goodwood is the perfect venue for an event that has captured the imagination of cyclists and festival-goers from all over the world."
The new location will mean a brand new route for 2022. As ever, pre-1987 bikes and attire will be de rigeur with a three-day festival including rides, a hill climb competition, Best in Show and a track race around the famous motor circuit.
The course for the sportive has yet to be confirmed, with the organisers hinting "we'll be calling off to sample the best in local food and drink along the way: maybe even fish & chips and ice cream by the sea!"
While this year's Eroica Britannia will not take place because of the pandemic, a taster event will be incorporated into this year's Goodwood Revival vintage motor festival on 17-19 September 2021.
Find out more at eroicabritannia.co.uk.