Hosted by Arnold Palmer at the Bay Hill Golf Club and Lodge, the event has once again attracted a stellar field.
Take a Virtual Tour of the tournamant course at Bay Hill.
Tiger Woods will defend the title he won handily a year ago. Woods defeated Davis Love III by a solid four strokes en route to earning his third of nine PGA Tour wins on the season.
This year, however, Woods is still seeking win No. 1. Much has been made of his 'slump,' which now extends to eight starts with a Tour victory.
Woods will get another shot at Thomas Bjorn, who bettered the world's No. 1 ranked player in the Dubai Desert Classic two weeks ago. The two played head-to-head over four days, with the Dane proving victorious when he birdied the 71st hole and Tiger doubled the 72nd.
Following his triumph, Bjorn said Woods needed to 'learn how to lose.'
Joining Bjorn are fellow European Ryder Cup teammates Colin Montgomerie, Lee Westwood, Jose Maria Olazabal, Miguel Angel Jimenez and Sergio Garcia. Westwood and Montgomerie are each making their first U.S. starts of the season. Like many in the field, they're trying to prepare for next week's PLAYERS Championship.
Also in attendance are Vijay Singh, David Duval, John Daly, Mark Calcavecchia, Love, 1998 champion Ernie Els and '97 victor Phil Mickelson.
The purse stands at $3.5 million, with $630,000 going to the winner.