Shanghai to Host 2002 Tennis Masters Cup

China's Shanghai will host the 2002 Tennis Masters Cup, the season-ending tournament co-owned by the ATP, Grand Slams and the International Tennis Federation, organizers said Friday in Wimbledon.

"We are thrilled to have our third Masters Cup in such a unique city as Shanghai and feel privileged to be the first major individual sport to bring its world championships to China," said Mark Miles, CEO of the ATP.

He added: "Our goal, along with the Grand Slams and the ITF, was to share this event on a rotating basis with the world's greatest cities."

The Masters Cup, which replaced the ATP World Championship and Grand Slam Cup last year, features the top eight players at the end of each year in a round robin format for 3.7 million U.S. dollars in prize money.

Shanghai will the third city to host the event after Lisbon and Sydney.

People's Daily Online ---