The tournament will be an eight-round knockout event, with the top 50 seeds given a bye into the second round. The losers of the two semi-finals will play a match for third place. The players who finish first, second, and third will qualify for the Candidates Tournament 2026, a tournament to decide the challenger for the upcoming World Championship. [4] [5]
Each round will consist of classical time limit games on the first two days, plus tie-breaks on the third day if they are required. The time limits are as follows:
Two classical time limit games consisting of 90 minutes each side for the first 40 moves, then 30 extra minutes for the rest of the game, plus a 30-second increment per move starting from move 1. If necessary, rapid format tie-breaks will be conducted on the third day of each round. [4]
Schedule
Each round will last three days: two for classical time control games and a third, if necessary, for tie-breaks. Rounds 1 to 3 will run from 1 to 9 November; 10 November is a rest day; Rounds 4 to 6 will run from 11 to 19 November; 20 November is a rest day; and the last two rounds will run from 21 to 26 November.
Prize money
The total prize fund is US$2,000,000, with the first prize of US$120,000.
Prize money in US dollars| Ranking | Prizes | Total |
|---|
Eliminated in Round 1 | 78 × 3,500 | 273,000 |
Eliminated in Round 2 | 64 × 7,000 | 448,000 |
Eliminated in Round 3 | 32 × 11,000 | 352,000 |
Eliminated in Round 4 | 16 × 17,000 | 272,000 |
Eliminated in Round 5 | 8 × 25,000 | 200,000 |
Eliminated in Round 6 | 4 × 35,000 | 140,000 |
4th place | 1 × 50,000 | 50,000 |
3rd place | 1 × 60,000 | 60,000 |
Runner-up | 1 × 85,000 | 85,000 |
Winner | 1 × 120,000 | 120,000 |
| Total | 2,000,000 |
|---|
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