Monday, November 29, 1999

British Open organisers increase prize money

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British Open organisers have increased the overall prize money and the winner's portion for the 150th championship at St Andrews in Scotland this month.The 2010 prize fund will be 4.8 million pounds ($7.29 million) of which the champion will receive 850,000 pounds, an overall increase of 600,000 pounds from the last three tournaments in which the winner pocketed 750,000 pounds."We have had to take account of the pound's weakened position against the U.S. dollar and the euro," Royal and Ancient Golf Club of St. Andrews (R&A) chief executive Peter Dawson said in a news release on Tuesday."The Open Championship sits at the forefront of world golf and it is appropriate that our prize fund reflects that position in the game."This year's tournament, the oldest of the four golf majors, starts on July 15. American Stewart Cink is the defending champion.(Writing by Tom Pilcher, Editing by John Mehaffey; To query or comment on this story email sportsfeedback@thomsonreuters.com)

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