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Open Championship raises prize fund to £4.8m
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The Open Championship, the oldest major tournament in golf, has increased its prize fund for the first time since 2007. The fund will rise from £4.2 million – which it has been over the past three years - to £4.8 million for its 150th anniversary this year.
The winner this year will receive £850,000 ($1.3 million), a £100,000 increase on the prize money that has been given to the champions of the last three editions. “The Open Championship sits at the forefront of world golf and it is appropriate that our prize fund reflects that position in the game,” said Peter Dawson, chief executive at tournament organisers R&A. “Over the last 18 months we have had to take account of the pound’s weakened position against the U.S. dollar and euro and we have increased our prize money accordingly.” This year’s Open Championship will take place between July 15 and 18 at St. Andrews in Scotland. |
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