BMW signs on as sponsor for PGA playoff tournament

CHICAGO -- German automaker BMW has entered into a six-year agreement with the PGA to sponsor one of four playoff tournaments that will determine a PGA season champion beginning in 2007.

The innaugural BMW Championship will be played the week of September 3-9, 2007 at Cog Hill Golf & Country Club in Chicago. The tournament will then alternate between other Midwestern cities and Chicago, with the 2008 tourney at Bellerive Country Club in St. Louis and 2010 at Crooked Stick Golf Club in Indianapolis.

"The new PGA Tour Playoffs, which will determine the ultimate champion in our new season-long FedExCup competition, will be a tremendous enhancement to the PGA Tour, and we welcome BMW as an important and strong partner in this venture," PGA Commissioner Tim Finchem said in a prepared statement.