The event has been held at Wentworth in England since its inception in 1964. It does not take place this year but is to move to Spain in 2009 under a round-robin format.
IMG said the event, with a prize fund of $5 million, would be staged at the Finca Cortesin club near Marbella with a new sponsor, Volvo.
This year's season-ending Volvo Masters in Valderrama will be the last, to be replaced in 2009 by the Dubai World Championship as Volvo switch backing to a revamped Match Play.






