The next three editions of the WTA Finals will be held in Riyadh, Saudi Arabia, the WTA has announced.
The move comes following a new agreement between the WTA and Saudi Tennis Federation and will offer record prize money of €15.25m at this year's tournament.
Last year’s event took place in Cancun, Mexico, amid speculation that the tournament would be held in Saudi Arabia, which continues to come under the spotlight for human rights violations.
This year’s showpiece will take place between 2-9 November, featuring the top eight singles players and doubles teams.
The WTA said it assessed "multiple bids" from different regions and with further prize money increases happening in 2025 and 2026, it will "support broader investment" in the "future development and growth of women’s tennis".
Speaking about the new deal, WTA chairman and CEO Steve Simon said: "Bringing the WTA Finals to Riyadh is an exciting new opportunity for us and a positive step for the long-term growth of women’s tennis as a global and inclusive sport.
"We’ve been impressed by the commitment shown by the Saudi Tennis Federation to grow the sport at all levels, and we have no doubt that players and fans can look forward to a world-class event in Riyadh as the finale to the 2024, 2025 and 2026 seasons."
Saudi Arabia has previously hosted tennis tournaments and held the Next Gen ATP Finals in Jeddah last November.
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Steve Simon