The European Tour’s Volvo World Match Play Championship already has a new venue for 2013. It will feature a beefier purse, too.
Tournament organizers announced Monday that the prize money for the 24-player event will rise from €2.75 million ($3.5M) to 3 million ($3.9M) next season – a 9 percent increase. The winner will collect €800,000 ($1.04M).
That event will be held May 16-19 – the week of the PGA Tour’s HP Byron Nelson Championship – at the Black Sea Resort at Thracian Cliffs, marking the first time that the European Tour has staged a tournament in Bulgaria. The Gary Player-designed track has been dubbed the “Pebble Beach of Europe,” in reference to its dramatic views and rugged coastal cliffs.