"We are very pleased about these concrete steps towards the globalization of Freestyle Chess and are convinced that the Grand Slam will take chess as a spectator event into a new dimension,” said entrepreneur and investor Jan Henric Buettner, who launched the new series together with the world’s best chess player Magnus Carlsen.
Thomas Harsch, who was appointed Managing Director of Freestyle Chess Operations GmbH on 1 September, added: "The opening tournament this February in Weissenhaus, Germany, has already received an overwhelmingly positive response from players, fans and the media around the world. Chess interest in the USA is traditionally very good, and in Africa, there is huge untapped potential that we now want to realize.”
The newly founded Hamburg-based company Freestyle Chess Operations GmbH will organize six to eight Grand Slam tournaments a year on all continents. Magnus Carlsen, the greatest chess player of his era and co-founder of the new tour, will take part in all tournaments. The prize money to be shared between the players is 750,000 US dollars for each of the first three tournaments and 1 million US dollars for the subsequent tournaments. Freestyle Chess retains the core elements of traditional chess but offers a new twist: the pieces on the baseline are placed randomly. Also known as Fischer Random, this innovative setup brings new strategic options and greater unpredictability to the game, promoting a fresh, new way of competing.
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