Saint Louis, MO, January 24, 2019 – The fifth edition of the Grand Chess Tour (GCT) will see the tour expand to eight tournaments and increase the number of full tour participants to twelve. The tour will also welcome fourteen event level wildcards in 2019. Tour participants will fight for a record prize fund of $1.75 million as the GCT expands its reach to four continents to include tournaments in Africa, Asia, Europe and America. The prize money on offer for the classical tournaments has been increased to $325,000 per event ($90,000 for 1st place and $60,000 for 2nd) while the prize fund for the GCT Finals in London will also be raised to $350,000 ($150,000 for 1st place and $100,000 for 2nd).