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PGA
Tour announce new tournament The PGA Tour will return to Charlotte
and Quail Hollow Country Club next May for the first time in 24 years. The
Wachovia Championship, under the four-year sponsorship of the fourth-largest financial
services company in the United States, will be held May 5-11, 2003. "The
PGA Tour is excited to partner with Wachovia to bring a prominent tournament to
Charlotte," PGA Tour Commissioner Tim Finchem said at a news conference Monday
morning. "As a leader in financial services, and a company known for its
support of communities, education and employees, Wachovia reflects the same values
as the PGA Tour and is an ideal sponsor for this new key stop on the Tour schedule." Quail
Hollow last hosted a Tour event in the 1979 Kemper Open. "With recent
improvements by (course architect) Tom Fazio in the coming weeks, Quail Hollow
will be ready to host the best golfers in the world," said Quail Hollow president
Johnny Harris. Total prize money for the Wachovia Championship will be $5.6
million, and guarantees the winner more than $1 million. The tournament
will be televised by USA Network on Thursday and Friday, and by CBS on Saturday
and Sunday.
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