Home Sports News What is the Prize Money for ATP Madrid Open 2023?

What is the Prize Money for ATP Madrid Open 2023?

The Madrid Open, one of the world’s most prestigious tennis events played on clay surfaces every year, is one of those. The tournament is held in Madrid, Spain every year. The event is a part the ATP Tour. This is a Masters 1000 event. In 2002, it became an annual tennis event.

Many consider this competition to be one of the most competitive in the world, and an excellent preparation for the French Open that will soon take place. Rafael Nadal , the most successful tournament winner and Spain’s best tennis player, will not play in this year’s tournament. He said he was still dealing with fitness issues. Novak Djokovic has not yet confirmed his participation.

Rafael Nadal won the competition five times, while Novak Djokovic did so three times. If both legends are not present, the younger players will have a chance to win. Some of the most exciting players are Carlos Alcaraz (Holder Rune), Casper Ruud (Casper Ruud), Daniil Medvedev (Andrey Rublev), Stefanos Tsitsipas Alexander Zverev and Taylor Fritz.

Each year, the tournament is played over red clay. In 2012, however, the blue clay surface was introduced, giving the competition a different character. This idea was quickly dropped, and the competition returned to red clay in 2013.

Madrid Open Prize Money 2023

This year, the organizers of the Madrid Open have introduced some innovative concepts. The Madrid Open this year will have a singles draw of 96 players on the men’s male side.

This year, the total prize money will be EUR7,705,780 (8,550,719). The winner will also receive 1000 ranking points and a check for EUR1,1052,265 (1,370,529). This is a 6.12% increase compared to the previous year. Carlos Alcaraz, the current champion, is in his second year.

The winner will receive a cheque for EUR580,000, and 600 points in the ranking. The prize money has increased by only 1.97%. Alexander Zverev faced the Spaniard in the final. It is important to pay attention to the prize money in doubles. The winning doubles team will receive a staggering EUR382,420 (USD419,486). The winning doubles pair will also receive 1000 ranking points. Last year, the Anglo-Dutch duo of Wesley Koolhof and Neal Skupski won the doubles title.

The winning team will receive EUR202.850 ($222.511) as well as 600 points. Last year, the all-Colombian team of Juan Sebastian Cabal & Robert Farah faced the Anglo-Dutch duo in the final.

The table below provides a full breakdown of prize money for singles.

RoundPrize Money
“Champion”$1,370,529
Runner-Up$719,200
Semi-finalists$382,900
Quarter-finalists$200,291
Round of 16$105,276
Round of 32$60,555
Round of 64$33,536
Round 96$20,262

The table for doubles provides a full breakdown of prize money.

RoundPrize money
Champion$419,486
Runner-Up$222,511
Semi-finalists$118,676
Quarter-finalists$60,155
Round of 16$32,140
Round of 32$17,309

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