Hurricane Gil weakened into a tropical storm in the eastern Pacific Ocean on Saturday, according to the U.S. National Hurricane Center. It was not forecast to threaten land. The Miami-based U.S. National Hurricane Center said the storm’s maximum sustained winds dropped to 65 mph.

Forecasters say a disturbance in the Atlantic has a 40-percent chance of cyclone formation over the next week.

Hurricane Gil is churning in the eastern Pacific Ocean but isn't expected to threaten land. Forecasters say the storm is likely to weaken rapidly over the weekend.