Tuesday, November 05, 2013

VOLVO CHAMPIONS' EVENT PRIZEFUND GOES UP BY NEARLY HALF IN JANUARY

EUROPEAN TOUR NEWS RELEASE
The Volvo Golf Champions, The European Tour’s elite ‘Tournament of Champions’, today announced an increase in the prize fund of more than 50 per cent to US $4million ( approximately $2.6million in 2013), reinforcing the championship’s position as one of the most prestigious tournaments on The European Tour International Schedule.
Defending champion Louis Oosthuizen confirmed his participation in the 2014 event at the Durban Country Club from January 9-12,  with many more winners on the European Tour to be added over the coming weeks.

The elite group of players will battle it out for their share of the $4million prize fund at the start of the year when so many players are looking to secure their entry into the other big events such as The Masters and stake their claim to a place on the 2014 European Ryder Cup team.
The increased prize fund means the winner will receive a cheque for $700,000 with every last player in the field richly rewarded for qualifying for this prestigious tournament and receiving a welcome boost to their standing on The Race to Dubai Rankings. 
As a result the Volvo Golf Champions' prize fund is one of the top few on the European Tour, excluding WGC events and Majors.
Oosthuizen, confirmed to defend his title, said: “It is fantastic for South Africa to get to host the European Tour’s ‘Tournament of Champions’ again. It is an impressive boost to the prize fund and I am delighted to be defending my title at the Durban Country Club – I love the course and enjoy the advantage of playing in front of my home crowd. I look forward to opening my season there very much.”
Only European Tour players who have won an event on the previous year’s International Schedule and current Tour Members with more than ten European Tour victories qualify and Tournament organisers IMG and Volvo will announce more of these players in the coming weeks once the 2013 season ends and entries open for the 2014 season tournaments.

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