The BNP Paribas Open, will become the first ATP World Tour and WTA combined tennis tournament to award its menâ€™s and womenâ€™s singles champions each $1 Million in prize money, it was announced on Tuesday by Tournament Director Steve Simon.
The tournament will increase its total prize money commitment for the 2012 tournament to more than $11 million. In addition to the $1 Million being awarded to both the menâ€™s and womenâ€™s singles champions, the singles finalists, semi-finalists and quarterfinalists will now earn $500,000, $200,000 and $100,000 respectively, and prize money has been increased for all rounds of the tournament.
â€œBecoming the first combined ATP World Tour and WTA event to award $1 Million to each singles champion and reach these overall prize money levels is a testament to the growth and success of the event for more than 35 years,â€ said Simon.
The BNP Parbas Open will be held March 5-18, 2012 at the Indian Wells Tennis Garden.