Saudi Arabia's PIF to launch new ATP Masters 1000 tournament

VIDEO SHOWS: FILE FOOTAGE OF RIYADH AND ATP TENNIS PLAYERS AND OFFICIALS RESENDING WITH COMPLETE SCRIPT  SHOWS: RIYADH, SAUDI ARABIA (FILE – OCTOBER 5, 2023) (REUTERS – Access all) 1. REFLECTION OF TWO MEN WALKING 2. KINGDOM TOWER 3. MAN WALKING 4. MOTORISTS DRIVING ALONG HIGHWAY 5. TOWERS RIYADH, SAUDI ARABIA (FILE – DECEMBER 26, 2023) (REUTERS – Access all) 6. TENNIS CUP RIYADH SEASON BRANDING ON WALL AHEAD OF EXHIBITION MATCH BETWEEN NOVAK DJOKOVIC & CARLOS ALCARAZ 7. ALCARAZ TALKING TO MEDIA / BRANDING ON WALL RIYADH, SAUDI ARABIA (FILE – DECEMBER 10, 2023) (SAUDI SPORTS AUTHORITY – Access all) 8. VARIOUS OF PROMOTIONAL VIDEO FEATURING RAFAEL NADAL VISITING A JUNIOR TENNIS CLINIC HOSTED BY THE SAUDI TENNIS FEDERATION (STF) RIYADH, SAUDI ARABIA (FILE – DECEMBER 26, 2023) (REUTERS – Access all) 9. TENNIS CUP RIYADH SEASON BRANDING ON WALL AHEAD OF EXHIBITION MATCH BETWEEN NOVAK DJOKOVIC & CARLOS ALCARAZ 10. VARIOUS OF DJOKOVIC TALKING TO MEDIA RIYADH, SAUDI ARABIA (FILE – DECEMBER 26, 2023) (REUTERS – Access all) 11. TENNIS CUP RIYADH SEASON BRANDING ON WALL AHEAD OF EXHIBITION MATCH BETWEEN DJOKOVIC & ALCARAZ 12. ALCARAZ TALKING TO MEDIA / BRANDING ON WALL TURIN, ITALY (FILE – NOVEMBER 9, 2023) (ATP MEDIA/IMG – Access all) 13. VARIOUS OF ATP CEO MASSIMO CALVELLI AT ATP FINALS DRAW STORY: Saudi Arabia's Public Investment Fund will launch a new ATP Masters 1000 tournament in the Kingdom from 2028, marking the first expansion of the elite category in its 35-year history, the ATP and PIF-owned SURJ Sports Investment said on Thursday (October 23). The new event will make Saudi Arabia the 10th Masters 1000 host, joining Indian Wells, Miami, Monte-Carlo, Madrid, Rome, Toronto/Montreal, Cincinnati, Shanghai and Paris. The event will be owned and operated in Saudi Arabia, staged over one week with a 56-player draw on outdoor hard courts, and will not be mandatory for players. (Production: Andy Ragg)

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