Lyoness Open Signs Five-Year Extension to Remain on European Tour
By iSportconnect | November 5, 2014
Austria’s Lyoness Open will remain on the schedule of golf’s European Tour until 2019 after agreeing a new five-year deal.
The tournament will feature on the European Tour for the 10th consecutive season next year.
As part of the renewed deal the prize fund for the 2015 tournament will be increased to €1.5m ($1.9m), price up 50 per cent from the €1m awarded at the 2014 tournament.
Next year’s event will take place from June 11-14 and will again be staged at the Diamond Country Club in Atzenbrugg, story where the tournament has been hosted since 2010.
The European Tour agreed the extended deal with the title sponsor of the event and tournament promoter Golf Open Event, Austrian retail group Lyoness.
Keith Waters, chief operating officer and director of international policy at the European Tour, said: “Since returning to our international schedule in 2006, the Lyoness Open has developed into an excellent tournament, and it has been an important and valued fixture on our Race to Dubai.
“We are therefore delighted that Lyoness and Golf Open Event have committed to staging the tournament for a further five years, and have significantly increased the prize money, which will help grow the event even further.”