Race to Dubai suffers prize money catastrophe

The European Tour looks set to suffer a main body blow this week when it announce a decrease in prize money for this year's flagship $20 million Race to Dubai and Dubai World Championships.

A golf insider from the area has told that the crash of the credit crunch on Leisurecorp, the company behind the concept, and the fact the Dubai World Championship has not paying attention the handful of marquee sponsors hoped for, has led to a decision to reduce the payout for one of golf's most profitable competitions.

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