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Chevron Championship Expands to a Scale of Up to 11 Billion KRW

Total Prize Money Raised to $7.9 Million
Winner's Prize Also Increased by $420,000 to $1.2 Million

The first major tournament of the LPGA Tour season, the Chevron Championship, has expanded its scale.

Chevron Championship Expands to a Scale of Up to 11 Billion KRW The Chevron Championship will be held this year with a total prize money of 7.9 million dollars.
[Photo by Chevron Championship]

Chevron, the host of the Chevron Championship, announced on the 16th (local time), two days before the opening, "The total prize money has been increased by $2.7 million from last year's $5.2 million. This year, it will be held with $7.9 million (approximately 11 billion KRW)." The winner's prize money also increased by $420,000 to $1.2 million. Last year's winner, Lilia Vu (USA), received $780,000.


The Chevron Championship had the smallest prize money among the five major LPGA Tour tournaments. However, with this increase, it surpassed the Amundi Evian Championship, which offers $6.5 million. The U.S. Women's Open offers $12 million, the KPMG Women's PGA Championship $10 million, and the AIG Women's Open $9 million.


Prize money for LPGA Tour major tournaments has risen sharply recently. The total prize money for the five majors was $23 million in 2021, but this year it has reached $45.4 million. It has nearly doubled in four years. The Chevron Championship also increased the consolation prize for players who missed the cut from $5,000 last year to $10,000.


The Chevron Championship will be held over four days starting on the 18th at The Club at Carlton Woods (par 72, 6,824 yards) in The Woodlands, Texas, USA. World No. 1 Nelly Korda (USA) will attempt to win five consecutive tournaments. Defending champion Vu, along with all players ranked within the top 30 in the world, are participating. Former world No. 1 So Yeon Ryu will play her retirement match. South Korea will challenge for the title with 2019 winner Ko Jin-young, as well as Kim Hyo-joo, Kim Se-young, Jeon In-ji, Shin Ji-ae, and Bang Shin-sil.


© The Asia Business Daily(www.asiae.co.kr). All rights reserved.


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