The PGA European Tour, a company limited by guarantee, operates a broad range of business initiatives essential to its primary mission of administering professional tournament golf. It is a unique business which generates profits for the benefit of the Members – the tournament players – who receive their dividends by way of competing and winning prize money.
The European Tour International Schedule, which from 2009 incorporated the inaugural Race to Dubai, is a thriving global brand; the European Challenge Tour focuses on the future; and the European Senior Tour provides a new start for champions celebrating their 50th birthday.
The European Tour’s corporate identity features the iconic silhouette image of six-time Open Champion Harry Vardon and a world skyline graphic depicting many of the geographical elements built into The 2013 Race to Dubai, which will feature a minimum of 46 tournaments in 26 countries.
George O’Grady, the Chief Executive of The European Tour, heads the administration staff of 113 based at headquarters in Wentworth, Surrey, with a Board of Directors comprising 11 elected past and present Tour Members and a Tournament Committee of 15 players.
The present Board is: Neil Coles MBE (Chairman), Angel Gallardo (Vice Chairman), Paul Eales, Chris Hanell, David Jones, Robert Lee, John O’Leary, Mark Roe, David J Russell, Ove Sellberg and Jamie Spence.
The present Tournament Committee comprises: Thomas Björn (Chairman), Felipe Aguilar, Paul Casey, Darren Clarke OBE, Gonzalo Fernandez-Castaño, Joakim Haeggman, David Howell, Raphaël Jacquelin, Miguel Angel Jiménez, Peter Lawrie, Robert Karlsson, Paul McGinley, Francesco Molinari, Colin Montgomerie OBE and Henrik Stenson.
The growth and development of The European Tour is well documented. In 2012 The European Tour International Schedule consisted of 45 tournaments in 25 countries with prize money of €133,496,825 compared to a total prize fund of €350,000 when the Tour was born in 1972. The European Challenge Tour and the European Senior Tour had prize funds of €5,543,279 and €7,454,024 respectively in 2012. The European Challenge Tour consisted of 26 tournaments in 18 countries and the European Senior Tour 16 tournaments in 11 countries.
The funds drawn from sponsors and suppliers, television and ticket sales, hospitality and governments, support a thriving international community in which The European Tour actively promotes the game at all levels.