There will be new leadership in the Commonwealth of Virginia come January after voters headed to the polls for Decision 2013.
Democrat Terry McAuliffe will be Virginia's next governor. McAuliffe got 47 percent of the vote to Cuccinelli's 45 percent.
The gubernatorial race has seen heated campaigns from the two candidates, with McAuliffe and Cuccinelli often taking jabs at each other.
During his acceptance speech, McAuliffe thanked Cuccinelli, who is currently Virginia's attorney general, for his service and called him a principled man.
McAuliffe also says the race was about whether Virginia would continue the tradition of working together in a bipartisan effort. "The truth is that this election was never a choice between Democrats and Republicans. It was a choice about whether Virginia would continue the mainstream bipartisan tradition that has served us so well over the last decade," he said. "At a time when Washington was often broken, just think what Virginia has been able to accomplish when we work together."
Virginia attorney general Ken Cuccinelli came closer to winning the governor's seat than polls were suggesting -- Cuccinelli was down in the polls but rose in the closing days as he turned the message of his campaign to Obamacare.
He pounded the fact that the new federal law is causing some people to lose the healthcare they currently have, despite assurances from Democrats that would not happen. "At last count I was aware of, despite being outspent by an unprecedented $15 million, this race came down to the wire because of Obamacare," he said. "Let me say that again, despite being outspent by an unprecedented $15 million, this race came down to the wire because of Obamacare. That message will go out across America tonight."
Most political experts say the results of the race would have been different and Cuccinelli would have won if the third-party candidate, Libertarian Robert Sarvis, had not garnered seven percent of the vote. Polls suggested it was Republicans, not Democrats, that voted for Sarvis.
Lieutenant Governor race
Meanwhile, the race for lieutenant governor was between Democrat Ralph Northam and Republican E.W. Jackson.
Ralph Northan was elected to the post with 53 percent of the vote.
Attorney General race
The Virginia attorney general race is still up in the air as of Wednesday morning. Democrat Mark Herring and Republican Mark Obenshain went head-to-head for the job to replace Ken Cuccinelli.
The Associated Press reported Wednesday morning the contest will go to a state-funded recall because the margin is so narrow.