The History
The Chevron World Challenge is an offseason golf tournament hosted by Tiger Woods. The tournament takes place each December at the Jack Nicklaus-designed Sherwood Country Club in Thousand Oaks, California. In 1999, the tournament's first year, it was played at Grayhawk Golf Club in Scottsdale, Arizona.
The sixteen man field is comprised of the defending champion, the top eleven available players from the Official World Golf Rankings, and four special invitees chosen by the Tiger Woods Foundation. It is not an official money tournament on any tour, but it is recognized as an unofficial money event by the PGA Tour.
The Chevron World Challenge was established as a charity fundraiser by Tiger Woods, and all the funds raised go to charities with which he is associated. It is nonetheless an extremely lucrative event for the professionals who take part. In 2007 the prize fund was $5.75 million. Woods donates his prize money to the Tiger Woods Foundation.
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