Overview
- ATP and SURJ Sports Investments, linked to Saudi Arabia’s Public Investment Fund, struck the deal to create the first new Masters event since 1990.
- The tournament will feature a 56-player draw on outdoor hard courts over one week and will not be mandatory for qualified players.
- Dates, prize money and venue are unresolved, with ATP indicating an early-season slot and SURJ identifying Riyadh as the leading candidate.
- ATP says partnership proceeds will go toward calendar optimisation and an expanded Masters bonus pool to encourage top-player participation.
- The move adds to Saudi Arabia’s growing tennis footprint and has renewed concerns about a crowded schedule and human-rights criticisms tied to state-backed investment.