The prize fund for the AIG Women’s Open, which is being played this week at the Old Course from 21-25 August 2024, St Andrews will be $9.5 million, an increase of $500,000 on the previous year.
First established in 1976 and now owned by The R&A, the AIG Women’s Open is one of five major championships in women’s golf. The Championship is the showpiece for The R&A’s commitment to growing women and girls’ golf via the Women in Golf Charter, and aims to champion the changing face of women’s golf; to inspire, engage and provoke in order to challenge perceptions that will shape the future of the sport. Each year 144 players compete for the championship trophy with the low amateur, who plays 72 holes, awarded the Smyth Salver.
The prize fund for the championship has tripled since before The R&A’s partnership with AIG began in 2019. This year the Champion will take home $1,425,000, the highest amount in the AIG Women’s Open’s 48-year history.
The growth in the AIG Women’s Open prize fund
- 2024 – $9.5 million
- 2023 – $9 million
- 2022 – $7.3 million
- 2021 – $5.8 million
- 2020 – $4.5 million
- 2019 – $4.5 million (beginning of The R&A and AIG partnership)
- 2018 – $3.25 million
Martin Slumbers, CEO of The R&A, said, “With the outstanding backing we have received from AIG as our title sponsor we have been able to achieve a step change and take this Championship to new levels. We greatly appreciate AIG’s support and are proud that they share our goal to elevate the AIG Women’s Open still further and ensure it remains at the pinnacle of the women’s game. The increased prize fund and our enhancements to the staging and the spectator experience this year reflect our shared commitment to making the AIG Women’s Open a world class championship for players and fans alike.”