The Race to Dubai bonus pool available to Europe's top golfers has been halved to $3.75m for the 2012 season, it has been announced.
The European Tour said in a statement that Luke Donald’s defence as Europe's best golfer this year would coincide with a "refined bonus pool for The Race to Dubai".
only the top 10 players in The Race to Dubai at the conclusion of The 2012 European Tour schedule will share the $3.75m bonus, with the top player receiving $1m.
The 2011 bonus pool amounted to $7.5m, with the best 15 players being given an extra reward for their year's work.
The revision follows the announcement last month by The European Tour of a new three year agreement to extend The Race to Dubai through to the end of 2014.
The 2012 Race to Dubai will conclude with the DP World Tour Championship, Dubai, at Jumeirah Golf Estates, Dubai, UAE, on November 22-25, where the prize fund has been increased to $8m with the winner’s cheque rising to $1.33m, the European Tour added.
Keith Waters, chief operating officer and director of international policy of The European Tour, said: “We are delighted to have everything in place for the new three year phase of The Race to Dubai.
“In DP World and Nakheel we have two incredibly strong partners fully dedicated to the future success of The Race to Dubai and the DP World Tour Championship, Dubai.”
The season-long Race to Dubai competition got underway on Thursday morning in the Africa Open at East London Golf Club where two-time Major champion and former European Tour No. 1 Retief Goosen hit the opening tee shot.For all the latest sports news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Subscribe to Arabian Business' newsletter to receive the latest breaking news and business stories in Dubai,the UAE and the GCC straight to your inbox.