The prize fund for the AIG Women’s Open, which is being played this week at the Old Course, St Andrews will be $9.5 million (£7.25m), an increase of $500,000 on the previous year.
The prize fund for the championship has tripled since before The R&A’s partnership with AIG began in 2019. This year the champion will take home $1.425m (£1.1m), the highest amount in the Women’s Open’s 48-year history.
Martin Slumbers, CEO of The R&A, said: “With the outstanding backing we have received from AIG as our title sponsor we have been able to achieve a step change and take this Championship to new levels. We greatly appreciate AIG’s support and are proud that they share our goal to elevate the AIG Women’s Open still further and ensure it remains at the pinnacle of the women’s game.
“The increased prize fund, and our enhancements to the staging and the spectator experience this year, reflect our shared commitment to making the AIG Women’s Open a world class championship for players and fans alike.”
The AIG Women’s Open is being held at St Andrews for only the third time in its history.