LAS VEGAS -- A $4.25 million windfall from a new sponsor helped the
Las Vegas Invitational PGA tournament become a leader in
co-sponsored golf tournament play.
The 18th annual event, to be held Oct. 11 to 15, gained title
sponsorship from London-based Invensys Plc, a global electronics,
software and systems company.
The Fortune 200 company's products and services range from
advanced control systems and networks for automating industrial
plants and controlling building environments, to electronic
controls and devices for residential and light commercial
applications, plus power systems for telecommunications and
information technology industries.
Eager to build up its brand name in this country, Invensys
almost doubled the 1999 tournament purse.
"Invensys loved the demographics and wanted to be involved,"
said Judy Gonzales, pro-am coordinator for the Invensys
Invensys, which has agreed to a three-year sponsorship, will
increase the purse to $4.5 million in 2001 and to $5 million in
2002, ensuring participation by the top names in golfing.
Renamed the Invensys Classic at Las Vegas, the tournament
expects 432 participants, including 144 tour pros, to compete at
the Desert Inn Country Club, the Tournament Players Club at
Summerlin and an unannounced third course. The winner, who will
compete against defending champion Jim Furyk, will receive
The PGA Tour is a membership organization for professional
golfers that promotes tournament play while raising significant
funds for charity.
The tournament's previous backer, the Las Vegas Convention &
Visitors Authority, remains a presenting sponsor this year.