Democrat McAuliffe concedes Virginia governor's race to Republican Glenn Youngkin

Virginia Democratic gubernatorial nominee Terry McAuliffe on Wednesday morning conceded victory to GOP rival Glenn Youngkin.

"Congratulations to Governor-Elect Glenn Youngkin on his victory," McAuliffe said in a statement, after the race was called for Youngkin about about 1:30 a.m. "I hope Virginians will join me in wishing the best to him and his family."

Youngkin defeated McAuliffe by roughly 2 points, after trailing by as many at 6 points this summer, then steadily bringing the race to a dead heat in the closing weeks. 

"While last night we came up short, I am proud that we spent this campaign fighting for the values we so deeply believe in. We must protect Virginia's great public schools and invest in our students," said McAuliffe, whose stance about parents’ involvement in school curricula appeared to be a major misstep in his bid to become governor for a second time.