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    PHOTO CREDIT-Samsung Biologics announces all-cash offer to acquire PolyPeptide

    Samsung Biologics announces all-cash offer to acquire PolyPeptide, accelerating multi-modality strategy and expanding global network across U.S., Europe, and India.

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ATP UNVEILS ‘ATP CUP’ TEAM EVENT FOR 2020 SEASON

FWM by FWM
November 16, 2018
in Sports
0

Tournament will feature 24 nations (six groups of four) facing off in three Australian cities

• US$15 million prize money & 750 ATP Rankings points on offer

• Return of ATP team event for first time since Dusseldorf (1978-2012)

LONDON — The ATP and Tennis Australia today officially unveiled the ATP Cup – a new team competition to kickstart the men’s tennis season from 2020. The tournament, which was announced during the Nitto ATP Finals in London, will be played across three Australian cities over ten days in the lead up to the Australian Open and will feature teams from 24 countries.

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World No. 1 and President of the ATP Player Council Novak Djokovic was among the players who joined ATP Executive Chairman & President Chris Kermode and Craig Tiley, CEO of Tennis Australia, to reveal the details of the competition, which has been shaped through extensive consultation over several years with players, tournament organisers and sponsors. The launch also revealed the ATP Cup’s new brand identity and a promotional video to bring the plans to life.

The event sees the return of an ATP team competition into the calendar for the first time since the ATP World Team Cup, which was held in Dusseldorf from 1978- 2012.

The move represents the latest initiative by ATP to innovate in the sport, as well as providing increased earning opportunities for its players, and introducing new fans to the game. The tournament will ensure every season starts with an event with a truly global profile, giving players the chance to see their nation crowned the best in the world. The 2020 ATP Cup will offer US$15 million in prize money and up to 750 ATP Rankings points to the winners.

Djokovic, who finished 2018 as year-end No.1 for a fifth time, stated: “I like that it’s owned by ATP, by the players, and that we have ranking points, and it’s going to be the best way to kick start the season. Australia is a country that has a Grand Slam, that nurtures tennis tradition. More than 90 per cent of the time we’re playing as individuals and we don’t have too many team events. This is going to bring together a lot of nations and for me personally it will be a very nice and proud moment to represent my country.”

Kermode added: “This new event fits perfectly with our strategy to innovate and look towards the future. We know from our extensive discussions with the players that the ATP Cup will provide a great way for them to open their season – bringing together the world’s best for a major team event that compliments existing scheduling, provides highly-coveted ATP ranking points and clearly links to the Australian Open. The first week of the season is when the players want to play and that’s why the tournament has their strong support. By staging the event with Tennis Australia, which is renowned for its experience as an outstanding event promoter, we know that the tournament will be a great success from year one.”

Tennis Australia CEO, Craig Tiley added: “This is an amazing opportunity, in close collaboration with the players and the tour, to deliver a globally impactful event that further elevates the sport and the fan interest in it.

“We want to keep growing tennis, give the players an environment where they can perform to the best of their abilities and then ensure they are appropriately appreciated and rewarded. This event will help us all achieve that while connecting with new generations of tennis fans. It will provide a new source of inspiration for young athletes to choose our sport.”

The format of the ATP Cup will see nations split into six groups, with eight teams emerging from the round-robin stage to compete in the knockout phase until only one team is left standing. There will be up to five players in each team, with ties comprising two singles matches and one doubles match. The criteria for entry into the ATP Cup will be based off the ATP Ranking of the No. 1 singles player from each country.

Venue announcements will be made in due course.

 

Tags: ‘ATP CUP’
FWM

FWM

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