This year Mr. Sinquefield, the American Chess benefactor, put on the plate $300,000 to host in his beloved and marvelous St. Louis Chess Club an interesting event, which sees the participation of ten top GMs.
The new American GM Lenier Dominguez is going to wear the star and stripes flag, as he changed federation recently.
The exhibition event features five matches:
Each match has a prize fund of $60,000, with 36,000 going to the winner and 24,000 to the loser.
The contestants will play Rapid (15 minutes plus a 10-second increment) and Blitz (3 minutes plus a 2-second increment), over 5 days.
The Internet Chess Club will relay the moves. Games start February the 20th, at 1 PM PST, 2 PM EST, 20:00 CET, 19:00 UK.