Tbilisi FIDE World Cup
Bu, Xiangzhi vs. Carlsen, Magnus
The 2017 FIDE World Chess Cup is taking place in Hualing Hotel (and Biltmore Hotel for the final) in Tbilisi, Georgia from 3-27 September. The 128-player knockout tournament features World Champion Magnus Carlsen, defending World Cup Champion Sergey Karjakin and almost all of the world's best players. The total prize fund is $1.6 million, with $120,000 for the winner and $6,000 for first round losers. The finalists will qualify for the 2018 Candidates Tournament.
The format is six knockout rounds of 2-game classical matches before a 4-game final. The time control is 90 minutes for 40 moves, then 30 minutes for the rest of the game, with a 30-second increment from move 1. If the score is tied the players then play two 25-minute + 10-second increment rapid games, then two 10+10 games, then two 5+3 and, finally, Armageddon, where White has 5 minutes to Black's 4 but a draw qualifies Black for the next round. Official website: tbilisi2017.fide.com