World Rapid Chess Championship 2024

World Rapid Chess Championship 2024

The World Rapid Chess Championship 2024 is the 2024 edition of the annual World Rapid Chess Championship held by FIDE to determine the world champions in chess played under rapid time controls. The tournament is being held at Cipriani Wall Street in New York City from 26 to 28 December 2024, using a Swiss system with 13 rounds for the open tournament and 11 rounds for the women's tournament. Players eligible to participate in the open tournament have to either be rated at least 2550 Elo in a FIDE rating list during 2024, or be a reigning national champion. The time control is 15 minutes per player with a 10-second per-move increment. Since 2012, FIDE has held the World Rapid and Blitz Championships at a joint tournament.

Prize Fund

The prize fund for both the open and women's tournaments is shown below. In case of a tie all prize money is divided equally between players with the same score.

Open tournament 1st place: $90,000 2nd place: $70,000 3rd place: $56,000 4th place: $45,000 5th place: $36,000 6th place: $29,000 7th place: $24,000 8th place: $20,000 9th place: $17,000 10th place: $15,000 11th–15th places: $10,000 each 16th–20th places: $7,000 each 21st–30th places: $4,300 each 31st-40th places: $2,000 each		Women's tournament 1st place: $60,000 2nd place: $40,000 3rd place: $28,000 4th place: $22,000 5th place: $18,000 6th place: $15,000 7th place: $12,000 8th place: $9,000 9th place: $6,500 10th place: $4,000 11th–15th places: $1,800 each 16th-20th places: $1,000 each
Total: $550,000		Total: $228,500

Withdrawal of Magnus Carlsen

Following round six of the tournament, reigning champion Magnus Carlsen was warned and fined for wearing jeans. He refused to change his jeans, causing him to not be paired for round nine. He proceeded to withdraw himself from both the Rapid and the Blitz tournaments. FIDE released a statement that the "decision was made impartially and applies equally to all players", noting that participant Ian Nepomniachtchi was fined for wearing a sweater, and then complied with the rules by changing into approved attire. Carlsen responded in an interview with Levy Rozman, "I am pretty tired of FIDE, so I want no more of this", and announced to FIDE that "I'm out. Fuck you."