Foreign exchange rates boost British Open prize fund

The prize fund for the 150th British Open golf tournament has been boosted by foreign exchange rates.

Whoever win's this year's event will take home a total of £850,000. This is £100,000 more than the prize fund for the last three championships.

The total prize pot will rise £600,000 to £4.8 million, with the second and third runners up also receiving cash awards.

Peter Dawson, chief executive of the Royal and Ancient Golf Club, said: The Open Championship sits at the forefront of world golf and it is appropriate that our prize fund reflects that position in the game.

"Over the last 18 months we have had to take account of the pound's weakened position against the US dollar and the euro and we have increased our prize money accordingly."

The British Open will take place at St Andrews from Sunday July 11th until Sunday July 18th. Competitors will include Ian Poulter and Justin Rose.

Posted by Sarah Pitton

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