The Magnus Carlsen Invitational
The $250,000 event starts on April 18th and ends on May 3rd, with the following format:
8 players first compete in a single round-robin over 7 rounds
Each match features four 15+10 rapid games, where the winner gets 3 match points & the loser 0
If the match ends 2:2 an Armageddon game (5 vs. 4 minutes) is played, with the winner getting 2 points and the loser 1
The top four players after Round 7 enter the Final Four knockout - if match points are equal, game points are the first tiebreaker
The semi-finals, 3rd place match and final use the same 4-game match system and decide the overall winner