London Chess Classic
The London Chess Classic, held from December 4th to 13th at the Olympia Conference Centre in West Kensington, London, is the third and final leg of the Grand Chess Tour. The format is a ten-player round-robin featuring eight of the current top ten players in the world, including World Champion Magnus Carlsen.
The prize fund is $300,000 (about €270,000) with a first prize of $75,000, plus another $150,000 and $75,000 first prize for the overall Grand Chess Tour. Players receive 120 minutes to make 40 moves then 60 minutes for the rest of the game with an additional 30 seconds added per move starting from move 41. UPDATE: In the event of a tie for first, tiebreak matches (25 mins + 5 seconds) will be played, beginning 30 minutes after the end of the last classical game. Official website: www.londonchessclassic.com