News from the Business World

By Casey BiererOctober 21, 2007, 4:00 pm
Cobra Golf announces the release the King Cobra UFi irons. The UFi name stands for Ultimate Forgiveness irons and Cobra says the irons are their most forgiving yet.
'Cobra has a rich history of developing high performance irons,' said Jeff Harmet, President, Cobra Golf and Titleist Clubs. 'In developing the UFi irons, the objective of the Cobra R&D team was to utilize advanced technology and design to achieve the highest level of forgiveness and playability at any cost.'
Designed by integrating multiple materials, these irons feature an exclusive metal matrix face insert, patented polymer topline, high density tungsten heel-toe weighting and a steel alloy body.
'The UFi is the most technologically advanced iron Cobra has ever developed,' said Scott Rice, Director of Research and Development. 'A key design element in the UFi is the metal matrix face insert. This unique alloy produces a face insert that is 65% lighter than steel which allows us to shift weight out to the perimeter of the club head, as well as shift the CG lower and further back to produce the highest MOI and lowest CG of any iron we have ever developed.'
Metal Matrix Face Insert:
  • The UFi proprietary metal matrix face insert is a metal alloy comprised of nine different metals, which are 65% lighter than steel and 35% lighter than titanium. Nano-sized particles of Scandium (Sc) are imbedded in the metal's structure.
  • The precision combination of the nine metals, combined with precise rolling of the material into sheets and a special heat treatment, allows the Metal Matrix material to achieve strength comparable to 431 stainless steel, while maintaining an incredibly low density.
  • This combination of high strength and light weight make it an ideal material to free up discretionary weight, which moves the CG low, back and to the perimeter and increases MOI for ultimate forgiveness.
  • The hardness is similar to that of a forging, which promotes a soft, solid feel at impact.
    Polymer Topline:
  • Polymer topline weighs one-quarter of the steel it replaces, so this discretionary weight is moved from the top of the club to the heel and toe weights for a low-back CG for higher launch.
  • The polymer topline also helps dampen vibration for improved feel.
    Wide-Sole Design with Tungsten Weights:
  • Wide sole allows for lower CG and higher MOI.
  • High density tungsten weights in the heel and toe shift weight low-back and to the perimeter for maximum forgiveness, high launch and superior distance.
    Back Cavity Plate, Urethane Insert:
  • Made of aluminum, the full back cavity plate is backed with a urethane layer to dampen vibration and enhance feel.
  • Lightweight urethane sole insert moves weight to the heel and toe, increasing MOI for maximum forgiveness.
  • These two technologies work in concert with the Metal Matrix face insert and polymer topline to provide amazingly soft feel.
    Cobra Golf ' New Driver:
    The name ' King Cobra L4V - stands for Limit 4 Variables because this new driver is designed up to the limit of four USGA defined performance variables: Maximum COR (.830), maximum head dimensions (5by <5), maximum volume (460cc), and maximum inertia or MOI.
    The L4V driver line is a direct result of Cobras commitment to developing the industrys highest performing drivers via innovative, advanced design and technology, said Jeff Harmet, President, Cobra Golf and Titleist Clubs.
    From the carbon composite crown and sole section to the tungsten back-weighting, this multi-material driver has been designed for maximum distance and accuracy. In addition, all of this technology has been paired with one of the most advanced shaft on the market, the Cobra/Mitsubishi Rayon Diamana Red Board, featuring Cobras exclusive Dynamic Shaft Balancing System. The L4V is available in X, F and M models, each Speed Tuned to the golfers ball speed for maximum distance and accuracy.
    The Cobra R&D team designed this club head to the limit of USGA regulations for MOI, COR, head volume and dimensions, said Scott Rice, Director of Research and Development. The L4V is the most advanced, highest performing driver we have ever produced, providing all player types the ultimate in distance and accuracy. L4V drivers will begin shipping on November 1 with a suggested retail price of $480.
    True Temper:
    On September 19, 2007, True Temper Sports, Inc. (True Temper Sports or the Company) marked the opening of its newest golf shaft manufacturing operation located just outside of Shanghai in Suzhou, China. The metals forming facility, which has been under construction for the past two years, will provide the needed capacity and expansion for the Company following its acquisition of the Royal Precision brands in 2006. On hand for the ribbon cutting were over 100 employees and invited guests, including the Companys Board of Directors and local Chinese politicians and dignitaries. Commenting on the event, Scott Hennessy, President and CEO, stated, This marks a true milestone in our Companys history. This start-up facility will provide us with the opportunity to more fully service and support the growing golf industry throughout the world, particularly in Asia. He went on to say that production at the site will begin in the next few months and will become fully operational in 2008.
    4th Annual Mid Pines Hickory Open:
    The history and tradition of golf will be celebrated in the Sandhills of North Carolina; the Golf Heritage Weekend, November 1-4, 2007. The weekend combines events and activities for all, whether you participate in the Mid Pines Hickory Open, attend the Art of Golf and Golf Collectors Exhibition founded by Tom Stewart of Old Sport and Gallery in 2001, play the site of the 2007 U.S. Womens Open Championship, Pine Needles, or enjoy all of the festivities. This weekend precedes the Golf Collectors Society 37th Annual Meeting & Trade Show.
    In the 4th Annual Mid Pines Hickory Open, golfers will play with hickory shafted clubs on Mid Pines classic Donald Ross-designed course. The Open begins on Thursday with a Foursomes Event using hickory clubs at Pine Needles, and then moves to Mid Pines for the Championship on Friday and Saturday. The Hickory Open is an opportunity to come to the cradle of American golf and play the game the way it was originally played.
    The Art of Golf and Golf Collectors Exhibition features fine golf artists, sculptors, photographers, and golf collectors exhibiting and selling their works and memorabilia. On Friday night, the Golf Heritage Celebration (6:00pm ' 9:00pm) will bring the hickory golfers, artists, collectors and the public together. Friday night, the Silent Auction begins, raising funds for the Tufts Archives, the Pinehurst History Museum (
    On Saturday, the Exhibition (10:00am ' 5:00pm) will feature Antique Roadshow- style appraisals ' encouraging the golfers of Southern Pines, Pinehurst and the surrounding towns to bring grandpa Petes old clubs and see what they may be worth. For your convenience, the Exhibitor Registration Form is on the backside of this letter.
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    Perez skips Torrey, 'upset' with Ryder Cup standings

    By Will GrayJanuary 24, 2018, 2:19 am

    Pat Perez is unhappy about his standing on the U.S. Ryder Cup points list, and his situation won't improve this week.

    Perez won the CIMB Classic during the fall portion of this season, and he followed that with a T-5 finish at the inaugural CJ Cup. But he didn't receive any Ryder Cup points for either result because of a rule enacted by the American task force prior to the 2014 Ryder Cup which only awards points during the calendar year of the biennial matches as well as select events like majors and WGCs during the prior year.

    As a result, Perez is currently 17th in the American points race - behind players like Patrick Reed, Zach Johnson, Bill Haas and James Hahn, none of whom have won a tournament since the 2016 Ryder Cup - as he looks to make a U.S. squad for the first time at age 42.

    "That kind of upset me a little bit, the fact that I'm (17) on the list, but I should probably be (No.) 3 or 4," Perez told Golf Digest. "So it kind of put a bitter taste in my mouth. The fact that you win on the PGA Tour and you beat some good players, yet you don't get any points because of what our committee has decided to do."

    Perez won't be earning any points this week because he has opted to tee it up at the European Tour's Omega Dubai Desert Classic. The decision comes after Perez finished T-21 last week at the Singapore Open, and it means that the veteran is missing the Farmers Insurance Open in his former hometown of San Diego for the first time since 2001.

    Perez went to high school a few minutes from Torrey Pines, and he defeated a field that included Tiger Woods to win the junior world title on the South Course in 1993. His father, Tony, has been a longtime starter on the tournament's opening hole, and Perez was a runner-up in 2014 and tied for fourth last year.

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    Woods favored to miss Farmers Insurance Open cut

    By Will GrayJanuary 24, 2018, 1:54 am

    If the Las Vegas bookmakers are to be believed, folks in the San Diego area hoping to see Tiger Woods this week might want to head to Torrey Pines early.

    Woods is making his first competitive start of the year this week at the Farmers Insurance Open, and it will be his first official start on the PGA Tour since last year's event. He missed nearly all of 2017 because of a back injury before returning with a T-9 finish last month at the Hero World Challenge.

    But the South Course at Torrey Pines is a far different test than Albany, and the Westgate Las Vegas SuperBook lists Woods as a -180 favorite to miss the 36-hole cut. It means bettors must wager $180 to win $100, while his +150 odds to make the cut mean a bettor can win $150 with a $100 wager.

    Woods is listed at 25/1 to win. He won the tournament for the seventh time in 2013, but in three appearances since he has missed the 36-hole cut, missed the 54-hole cut and withdrawn after 12 holes.

    Here's a look at the various Woods-related prop bets available at the Westgate:

    Will Woods make the 36-hole cut? Yes +150, No -180

    Lowest single-round score (both courses par 72): Over/Under 70

    Highest single-round score: Over/Under 74.5

    Will Woods finish inside the top 10? Yes +350, No -450

    Will Woods finish inside the top 20? Yes +170, No -200

    Will Woods withdraw during the tournament? Yes +650, No -1000

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    Monahan buoyed by Tour's sponsor agreements

    By Rex HoggardJanuary 24, 2018, 12:27 am

    SAN DIEGO – Farmers Insurance announced on Tuesday at Torrey Pines a seven-year extension of the company’s sponsorship of the Southern California PGA Tour event. This comes on the heels of Sony extending its sponsorship of the year’s first full-field event in Hawaii through 2022.

    Although these might seem to be relatively predictable moves, considering the drastic makeover of the Tour schedule that will begin with the 2018-19 season, it is a telling sign of the confidence corporations have in professional golf.

    “It’s a compliment to our players and the value that the sponsors are achieving,” Tour commissioner Jay Monahan said.

    Monahan said that before 2014 there were no 10-year title sponsorship agreements in place. Now there are seven events sponsored for 10-years, and another five tournaments that have agreements in place of at least seven years.

    “What it means is, it gives organizations like the Century Club [which hosts this week’s Farmers Insurance Open], when you have that level of stability on a long-term basis that allows you to invest in your product, to grow interest and to grow the impact of it,” Monahan said. “You experienced what this was like in 2010 or seen other tournaments that you don’t know what the future is.S o to go out and sell and inspire a community and you can’t state that we have a long-term agreement it’s more difficult.”

    Events like this year’s Houston Open, Colonial in Fort Worth, Texas, and The National all currently don’t have title sponsors – although officials at Colonial are confident they can piece together a sponsorship package. But even that is encouraging to Monahan considering the uncertainty surrounding next season’s schedule, which will include the PGA Championship moving to May and The Players to March as well as a pre-Labor Day finish to the season.

    “When you look back historically to any given year [the number of events needing sponsors] is lower than the typical average,” Monahan said. “As we start looking to a new schedule next year, you get excited about a great schedule with a great group of partners.”

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    Day WDs from Farmers pro-am because of sore back

    By Golf Channel DigitalJanuary 24, 2018, 12:07 am

    SAN DIEGO – Jason Day has withdrawn from the Wednesday pro-am at the Farmers Insurance Open, citing a sore back.

    Day, the 2015 champion, played a practice round with Tiger Woods and Bryson DeChambeau on Tuesday at Torrey Pines, and he is still expected to play in the tournament.

    Day was replaced in the pro-am by Whee Kim. 

    Making his first start since the Australian Open in November, Day is scheduled to tee off at 1:30 p.m. ET Thursday alongside Jon Rahm and Brandt Snedeker.