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FRANKLIN, Wis. (WRN) — A Republican will not enter the race for U.S. Senate from Wisconsin.

The decision by Franklin businessman Scott Mayer leaves Madison and California businessman Eric Hovde to face two lesser known candidates in the Republican primary. Mayer told WisPolitics he decided against running against Hovde to avoid a Republican primary that would damage their chances of beating Democratic incumbent Tammy Baldwin.

Mayer expressed confidence that he would have beaten Hovde in the August 13 primary and Baldwin in the November general election, but said he didn’t want to spend $20 million of his own money to do it.