How much prize money is at stake in Grand Chess Tour events?

The 2021 Grand Chess Tour will feature two classical and three rapid & blitz events, picking up after the cancellation of the 2020 season. Tour participants will compete for a total prize fund of $1.275 million, including $325,000 per classical tournament and $150,000 in prizes for rapid & blitz events. In addition, a bonus prize fund totaling $175,000 will be awarded to the top three overall GCT finishers.