Riga FIDE Grand Prix
Giri, Anish vs. Karjakin, Sergey
The Riga FIDE Grand Prix is taking place in the National Library of Latvia from July 12-24 2019. The 16-player knockout is the 2nd of four legs of the 22-player Grand Prix series that will determine two places in the 2020 Candidates Tournament. Players compete in 3 of the 4 tournaments, which each have a 130,000 euro prize fund, with 24,000 for 1st place. There are also from 1 (quarterfinal loser) to 8 (winner) Grand Prix points available, plus an additional point for each match win without tiebreaks. The overall series prize fund is 280,000, with 50,000 for 1st place.
Each round consists of two games of classical chess, with a time control of 90 minutes/40 moves + 30 min to the end of the game, with a 30-second increment from move 1. If the match is tied two 25+10 rapid games are played. If still tied, there are two 10+10 games, then two 5+3. Finally a single Armageddon game is played, where White has 5 minutes to Black’s 4 (with a 2-second increment from move 61) but Black wins the match with a draw. Leading partners of the series are PhosAgro and Kaspersky Lab. Official website: worldchess.com