DUBAI, United Arab Emirates (AP) – The world’s richest golf tournament, offering $10 million in prize money, will be played in Dubai beginning in 2009.
The Dubai World Championship, to be held at the Jumeirah Golf Estates, would run for five years with the option of extending it for another five years, the European Tour said Monday.
The winner of the tournament receives $1.66 million, and the Order of Merit will be renamed The Race to Dubai, with the player finishing No. 1 at the end of the season receiving $2 million.
“The Race to Dubai will bring a new dimension to the European Tour, creating great drama and theater throughout the year as all the best players in the world are given the opportunity to compete in the world’s richest tournament,” European Tour chief executive George O’Grady said.
Currently, the U.S. Tour’s Players Championship is the richest single event, offering prize money of $9 million.
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$10 Million Tournament in Dubai
The Dubai World Championship, to be held at the Jumeirah Golf Estates, would run for five years with the option of extending it for another five years, the European Tour said Monday.
The winner of the tournament receives $1.66 million, and the Order of Merit will be renamed The Race to Dubai, with the player finishing No. 1 at the end of the season receiving $2 million.
“The Race to Dubai will bring a new dimension to the European Tour, creating great drama and theater throughout the year as all the best players in the world are given the opportunity to compete in the world’s richest tournament,” European Tour chief executive George O’Grady said.
Currently, the U.S. Tour’s Players Championship is the richest single event, offering prize money of $9 million.
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