Singapore Open is a golf tournament
in Singapore that has been
sanctioned by the Asian Tour from
that tour's inception in 1995 and by
the European Tour since 2009. It was
founded in 1961 and was staged
annually until 2001, when it was won
by Thaworn Wiratchant. It was then
cancelled for lack of sponsorship.
Other winners in the years leading
up to this included American Shaun
Micheel in 1998, who went on to win
the 2003 PGA Championship.
The Singapore Golf Association initially
hoped to revive the event after skipping
only one year, but the tournament was not
resuscitated until 2005, when sponsorship
was secured from the Sentosa Leisure Group.
The 2005 prize fund was $2 million, which
made the Singapore Open by far the richest
tournament exclusive to the Asian Tour that
was not co-sanctioned by the European Tour,
a status it retained until the European Tour
first co-sanctioned the event in 2009. Asian
Tour chief executive Louis Martin claimed
when the revival of the tournament was
announced, "Competing for a prize purse of
two million US dollars will give our playing
membership a huge boost and elevate the
Asian Tour to a new level." The 2005 event
was played in September.
The 2006 Singapore Open offered a purse of
US$3 million with a winner's share of
US$475,000. In May 2006 it was announced
that Barclays Bank would sponsor the event
for five years from 2006 and that the prize
fund will be increased to US$4 million in
2007 and US$5 million in 2008. In 2010, the
purse was US$6,000,000.