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Rolex Challenge Tour Grand Final 2024 Prize Money Hits €500,000 As Road To Mallorca Finale Concludes This Weekend

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Challenge Tour Grand Final 2024 - Golf

This week sees the final off the 2024 Challenge Tour, as 45 golfers head to Mallorca for the Rolex Challenge Tour Grand Final 2024. The 45 remaining golfers will be playing for the €500,000 prize money with various different purse payouts up for grabs.

2024 Rolex Challenge Tour Grand Final Prize Money Purse Is €500,000

It’s off to Club de Golf Alcanada for golf fans this week as the Road to Mallorca concludes the 2024 season on the Challenge Tour.

The four day Challenge Tour gets started on Thursday 31st October and will climax on Sunday 3rd November, with the players competing for a total prize purse of €500,000.

A whole host of European Tour and even PGA Tour regulars have done well on the Challenge Tour in the past. Names such as Tommy Fleetwood, Henrick Stenson and Richard Bland are just a few of the stellar players who have made their way to the top of professional golf from the Challenge Tour.

Although the €500,000 payout is far less than you’d see on the PGA Tour and DP World Tour respectively, not to mention LIV Golf, it is still a lot of money for players of this calibre.

It isn’t just prize money at stake for every player at the event either. Each player will be in with the chance of claiming one of 20 potentially life-changing DP World Tour cards for the 2025 season. Once there, the possibilities are endless. As proven by players such as Henrick Stenson who have gone on to win major championships.

Overall, the entire Challenge Tour season offered a total of €8 million. That includes the half-a-million euros prize purse this week for the Road to Mallorca finale on the Challenge Tour.

How Much Will The Winner Get?

Of the €500,000 purse, the Challenge Tour Grand Final prize money for the winner stands at €85,000. This is the same payout that has been given to the winner of the Challenge Tour season finale for the last number of years.

The runner-up will get €54,000, while the third placed player gets €34,000.

You can see the full purse breakdown below, from 1st to 45th.

When Is The Challenge Tour Grand Final 2024?

  • ⛳️ Event: Rolex Challenge Tour Grand Final 2024
  • 📅 Date: Thursday 31st October – Sunday 3rd November
  • 🏌️Course: Club de Golf Alcanada, Mallorca, Spain
  • 🕛 Opening Tee Time: Approx. 8:00am BST
  • 🤑 Purse: €500,000 (Winner: €85,000)
  • 📺 TV: Sky Sports

Challenge Tour Grand Final Prize Money 2024 – The Full Breakdown

See here the 1st – 45th prize money breakdown for the 2024 Challenge Tour Grand Final golf event.

Position Prize Money
1st €85,000
2nd €54,000
3rd €34,000
4th €28,000
5th €23,000
6th €20,000
7th €17,500
8th €15,000
9th €13,500
10th €12,500
11th €11,500
12th €10,500
13th €10,000
14th €9,500
15th €9,000
16th €8,500
17th €8,000
18th €7,500
19th €7,000
20th €6,500
21st €6,100
22nd €5,750
23rd €5,500
24th €5,250
25th €5,000
26th €4,900
27th €4,800
28th €4,700
29th €4,600
30th €4,500
31st €4,400
32nd €4,300
33rd €4,200
34th €4,100
35th €4,000
36th €3,900
37th €3,800
38th €3,700
39th €3,600
40th €3,500
41st €3,400
42nd €3,300
43rd €3,200
44th €3,100
45th €3,000

Who Is Favourite To Win The Challenge Tour Grand Final 2024?

The best golf betting sites in the UK are suggesting many players are in with a shout ahead of the 2024 Challenge Tour Grand Final this week from the Spanish island of Mallorca.

However, it’s Englishman John Parry and Finland golf sensation Oliver Lindell who head the market as the two outright favourites with the majority of UK bookmakers.

The favourites likely would have been South African Robin William and Dan Rasmus Neergaard-Petersen, but they are no longer in the field this week in Mallorca. This is due to the fact they have already secured DP World Tour cards in better categories thanks to their performances on it this season.

Both are in the current Top 20 of the Challenge Tour rankings, but their absence means the players finishing 21st and 22nd respectively come the end of the tournament will earn the final two DP World Tour cards.


Recent Rolex Challenge Tour Grand Final Winners

  • 2023 – Marco Penge (-10)
  • 2022 – Nathan Kimsey (-9)
  • 2021 – Marcus Helligkilde (-8)
  • 2020 – Ondrej Lieser (-11)
  • 2019 – Francesco Laporta (-6)

WATCH: Marco Penge Winning The 2023 Challenge Tour Grand Final

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Paul Kelly Sports Editor

Having worked in the sports journalism and sports betting writing industry for several years now, Paul has gained vital skill, knowledge and expertise in a variety of different sports and industries. Paul is confident and competent at writing in-depth stories, features and betting predictions on a regular basis for SportsCasting. Having worked in the sports media industry ever since graduating from Liverpool John Moores University in 2020, where he attained a First Class Honours Degree in Sports Journalism, Paul has jumped at the opportunity to attend numerous live sporting events on a regular basis. This includes working at some high calibre boxing, darts, UFC and football events over the years. Paul has covered a whole host of sports for BBC Sport, as well as being a consistent and regular contributor at ESBR Boxing for several years before becoming a Director in March 2024. Paul’s expertise lies in a wide range of sports, but he is particularly specialised in boxing, MMA, golf, football, darts and horse racing. He is also well-rounded in various sports which he may be less familiar with. Working in sports he is less familiar with helps him learn new skills, as well as nurturing the ability to adapt and overcome potential obstacles. Being a sports fanatic, Paul relishes the opportunity at taking on new challenges and is happy to try his hand at anything. During his time studying at university, Paul had the opportunity to gain some vital work experience at both Everton Football Club and BBC Radio 1. This has helped Paul master his knowledge of sports writing, as well as learning new skills with competence and proficiency.

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