New In Chess Classic | Prelims
World Chess Champion Magnus Carlsen tops the field for the New in Chess Classic, the 5th event on the Meltwater Champions Chess Tour, which runs from April 24 to May 2 on chess24. The 3-day preliminary stage sees the 16 players play each other once before the bottom 8 are eliminated while the top 8 advance to a knockout consisting of 2-day matches. The prize fund is $100,000, with $30,000 for top place.
The time control is 15 minutes for all moves, with a 10-second increment per move from move 1. The knockout match-ups consist of 4-game matches on the first two days. If the match score is 1:1, two 5+3 games are then played followed, if needed, by Armageddon, where White has 5 minutes to Black's 4 but a draw counts as a win for Black. Official website: championschesstour.com