VIRGINIA WATER, England, May 21 (Reuters) - Global ports operator DP World has given the European Tour a boost by extending its sponsorship of the end-of-season $8 million tournament in Dubai for another five years.
The new agreement means the Tour Championship, launched in 2009, will remain on the schedule until at least 2020.
"The support DP World has shown the European Tour has been evident right from the start of the Race to Dubai and the strength of their ongoing commitment is further evidenced with today's announcement," tour chief executive George O'Grady said in a news release on Thursday.