South Africa has been announced as the host of one of the world’s richest golf events, The Tournament of Hope.
With a prize purse of US$8.5-million, it will certainly attract the best of the world’s golfers – something to consider when booking your next holiday in South Africa.
The Tournament of Hope ranks above all the four Major tournaments, in terms of total prize money. Only The Players Championship, with a total prize purse of US$9.5-million, offers more money.
The 10-year contract for the event, set to commence in November of 2013, was officially confirmed after it was mutually agreed upon by the International Federation of PGA Tours, the Sunshine Tour committee, and event promoter SAIL.
The host course has yet to be announced.
“The Tournament of Hope had long been agreed to in principal, but now that we have a signed contract with the International Federation of PGA Tours, confirming our 10-year hosting of the event, we can begin our preparations in earnest,” said Michelle van Eyden of SAIL.
SAIL has a long history in the field of sports sponsorships and is exceptionally well known in golf, seeing as it also is the official promoter of European Tour events such as the Alfred Dunhill Championship, and the Joburg Open for three years, as well as the Telkom PGA Championship.
Selwyn Nathan, executive director of the Sunshine Tour, outlined the format of the tournament.
“The Tournament of Hope field will comprise a maximum of 72 of the world’s top players,” Mr Nathan explained.
Brand de Villiers, chairman of SAIL, clarified the tournament’s aims.
“Our vision is to ensure that this tournament becomes globally recognised as one of the top tournaments in the world and successfully positions South Africa to an international audience,” said Mr de Villiers.