It is great news, and shows even slightly "off the beaten track" can pull major events.
Many people have worked long and hard, lobbying and putting the relevant and required figures together.
It also means national sporting bodies recognise that we can do it.
That has been proven in past events, like staging Rugby World Cup matches and international age group football.
What caught my eye most of all about this exciting news were the words of Bike NZ chief executive Andrew Mathieson, who remarked: "While it was a very tough decision, the Napier proposal edged out the others."
That indicates that serious background work had gone into putting the proposal together.
Napier Mayor Bill Dalton described the news as an early Christmas for the people of Hawke's Bay because, while focused on Napier, it will draw attention to the region.
There is a very clear determination among the region's leadership to bring more high-profile events to the Bay. And hey, we could end up being a well-beaten track.