ATP Tour confirms World Finals event will leave London after next year, as the money spin competition will be moved to Turin in the O2 Arena after the decade
- November event is a huge money spinner and always very well attended
- The governing body has received financial guarantees from the Italian federation
- Event on average 250,000 spectators during the week's promotion
- Novak Djokovic told about his excitement about the competition that moved to Turin
The ATP Tour Finals in November, one of the most visited sporting events in Britain, has been confirmed that it will move from London to Turin next year.
The governing body of the men's tour has formally announced this morning that the end-of-year championships for the best eight singles players and doubles players will leave the Arena after twelve years.
It will be transferred to the largest indoor sports arena in Italy, the Pala Alpitour in the alpine city, which probably has a capacity of around 15,000 for tennis.
The ATP Tour World Finals leave the O2 Arena after having spent a decade at the location
The event was always well attended and last year Alexander Zverev defeated Novak Djokovic
The new location puts an end to a very successful stay in London, where the crowds usually reached 250,000 during the week. Turin will be the fifteenth city to host what was traditionally a traveling event since its beginnings in 1970.
Turin beat the competition mainly from Tokyo and Singapore – plus the status quo option to stay in London – partly because it is in the same time difference as the larger indoor tournaments in Europe, such as the Paris Masters, which is at the end of the annual circuit.
Unlike most tournaments, at the end of the year the championships are owned by the entire tour, not by individuals or companies, and so it is an important source of income for the overall structure.
There is concern that the predicament of the Italian economy could pose a risk of moving it from 2021-25 to Turin. However, it is thought that guarantees from the Italian Tennis Federation and the local government of around € 80 million have been paid in the ATP cash for the five-year contract.
Senior participants such as a Cristiano Ronaldo, pictured with son Cristiano Jr. and partner Georgina Rodriguez, regularly visit London to view the event
The show in London is well orchestrated, but the Italian Federation has made a strong offer
Chris Kermode, ATP Executive Chairman & President, said: & Congratulations to Turin for putting together such a comprehensive and impressive bid. Italy offers us one of the strongest and most established tennis markets in Europe and has a proven track record of organizing world-class tennis events. & # 39;
Novak Djokovic, World No 1 and President of the ATP Player Council, added: & # 39; The ATP Finals is the largest and most prestigious event we have at the ATP. It is a tournament that has moved in the past and that is why I am very pleased that it has moved to Turin from 2021. It is still a few years away, but I know that the players are very excited to compete there and I also hope that I will be part of what will be a very special event. & # 39;
Italy has a strong tennis tradition and in May organizes the particularly popular Italian Open in the south of Rome.
The movement is a blow to British tennis fans, many of whom felt the 02 Arena was more accessible and inclusive than some of the larger events in this country.
Djokovic told about his excitement about the tournament that will be moving to Turin next year