The tournament will take place from the 18th of February until the 8th of March and will have a total prize fum of over 300 000 eur. The winner takes 100 000 euro, the second gets 75 000 euro, etc. As the organizers explained, not giving fixed prize funds to the players is one more incentive for fighting chess. This year's time control is different, there will be 2 hours for the first 40 moves, 1 hour until move 60, and then 20 minutes are added instead of 15min + 30 sec.
The Wimbledon of Chess, the name by which Linares chess tournament is often refered, is the third Grand Slam event (after Nanjing and Corus). The participants are Viswanathan Anand, Magnus Carlsen, Vassily Ivanchuk, Alexander Grischuk, Levon Aronian, Wang Yue, Teimour Radjabov, and Leinier Dominguez.