Last Updated on November 12, 2023
The Nitto ATP Finals is gearing up to be a tennis spectacle with a prize money of $15 million and star-studded entries like Novak Djokovic and Carlos Alcaraz. Taking place from November 12-19 at the Pala Alpitour, the undefeated champion can pocket $4,801,500. Want to know who else is competing and how the prize money stacks up? Read our full article for all the details.
The 2023 ATP Finals, named the Nitto ATP Finals for sponsor reasons, is a big tennis tournament for men. It will be played inside on hard courts at the Pala Alpitour in Turin, Italy, from November 12 to November 19, 2023. The arena, also known as Palasport Olimpico, is part of the Turin Olympic Park in the Santa Rita area of Turin. It’s the biggest place for indoor sports in Italy and can hold 12,350 fans. It opened back in December 2005.
The tournament marks the end of the year for the top-ranked tennis players and doubles teams of the 2023 ATP Tour. It’s the 54th time the singles competition is being held and the 49th for doubles. This year will also be the third time Turin has hosted this closing event of the ATP season.
ATP Finals Prize Money
The ATP Finals is famous for its high-stakes matches and lucrative purse. The total prize money pool for 2023 is $15 million, an increase of 1.69% from the previous year.
For singles players, the participation fee is $325,500- an increase of 1.72% from last year. If a player wins a round-robin match, they will earn an additional $390,000. Now, if a player manages to win the ATP Tour Finals without losing a single match, then they walk away with $4,801,500,- which is 1.29% more than in 2022. Just the final alone contributes $2,201,000 towards that total figure.
Although the doubles event doesn’t get as much attention as singles, they’re still paid highly in Torino. This year, their participation fee is $132,000 which is 1.51% higher than last year’s pay. If a doubles team wins all three of their round-robin matches and goes on to win the tournament, they’ll split $943,650 between them.
The below tables give you a full breakdown of prize money for the ATP Finals event in Turin, this year.
|Stage||Prize Money $ USD||Prize Money Euro|
|Round-robin Match Win||$390,000||€413,819|
|Semi-final Match Win||$1,105,000||€1,172,488|
*Singles Participation Fee . 1 match = $162,750 2 matches = $244,125 and 3 matches = $325,500.
|Stage||Prize Money $ USD||Prize Money Euro|
|Round-robin Match Win||$95,000||€88,472|
|Semi-final Match Win||$175,650||€163,579|
*Doubles Participation Fee . 1 match = $66,000 2 matches = $99,000 and 3 matches = $132,000.
What Is The Nitto ATP Finals Format?
The ATP Finals is a tennis tournament with a round-robin format. This means the top eight players or teams are split into two groups, and each one plays three matches against the others in their group. They’re ranked by how well they do in these group matches. The players or teams with the best records move on to the semifinals.
Here’s how players or teams move ahead in their group:
- The number of matches they win.
- The number of matches they play.
- If they won against the other players or teams they’re tied with.
- The percentage of total sets they win.
- The percentage of total games they win.
- Their ATP ranking right after the final tournament of the year.
If there’s a tie between three players or teams, the rules about sets and games percentages and ATP rankings only come into play if they can’t break the tie by looking at head-to-head results.
The semifinals have the group winners playing against the second-placed teams from the opposite group. The winners of those matches play in the final to see who wins the tournament. All the singles matches are best of three sets, with a tie-break in each set. Doubles matches are two sets without advantages, and if needed, a match tie-break is played.
Who Qualified For The Nitto ATP Finals 2023?
In singles for the ATP Finals, eight top tennis players compete based on their year’s performance, with two extra players as backups. Here’s how they pick who gets to play:
- First, they choose the seven best players from the ATP Race to Turin, which ends on November 11, 2023.
- Next, if there are any Grand Slam winners for the year who are ranked between 8th and 20th, they get in next.
- Then, the player who is eighth in the ATP rankings gets the last spot.
If there are more than eight players after this, the extra ones become alternates. If they need more backups, the ATP will pick them.
The ATP Race to Turin is like a scoreboard that updates every week, showing players’ rankings from the past year. Players earn points from different types of tournaments, including Grand Slams, ATP Tours, the United Cup, Challenger Tours, and ITF Tours. They get points from their best performances in 19 events, which typically include:
- The four Grand Slam tournaments
- The eight required ATP Masters 1000 tournaments
- The best seven scores from other ranking tournaments
Players can even swap out up to three of the Masters 1000 scores for better ones from ATP 500 or 250 tournaments if they’ve done well in those.
The competitors were divided into two groups.
|Green Group||Red Group|
|Novak Djokovic||Carlos Alcaraz|
|Jannik Sinner||Daniil Medvedev|
|Stefanos Tsitsipas||Andrey Rublev|
|Holger Rune||Alexander Zverev|
In the doubles section of the ATP Finals, eight teams play, and there’s one backup team. The teams are picked the same way as the singles players. If the main spots are turned down, they first ask the next team in line, then the highest-ranked team that didn’t get in, and if needed, the ATP picks a team.
Doubles teams get points from the same types of tournaments as singles players. But unlike singles, there are no specific tournaments they have to play in. Instead, teams’ rankings are based on their best scores from any 19 tournaments they choose to play in on the ATP Tour.
|Green Group||Red Group|
|Ivan Dodig, Austin Krajicek||Wesley Koolhof, Neal Skupski|
|Santiago Gonzalez, Edouard Roger-Vasselin||Rohan Bopanna,Matthew Ebden|
|Marcel Granollers, Horacio Zeballos||Rajeev Ram, Joe Salisbury|
|Maximo Gonzalez, Andres Molteni||Rinky Hijikata ,Jason Kubler|
ATP Finals Prize Money History
Every year, in mid-November, the ATP Finals is a tournament where the best players in the world compete for a large prize pool. We’ve compiled this tournament’s prize pool data over the past 10 years.
- Intesa Sanpaolo Next Gen ATP Finals Prize Money
- WTA Finals | Fort Worth Prize Money
- ATP Rolex Paris Masters Prize Money
- ATP Swiss Indoors Basel Prize Money
- ATP Vienna | Erste Bank Open Prize Money
ATP Finals Ranking Points
The below tables give you a full breakdown of ranking points across the ATP event in Turin.
|Round-robin win per match||200|
|Round-robin loss per match||–|
Where is the Nitto ATP Finals?
The Nitto ATP Finals is held at Pala Alpitour at Corso Sebastopoli, 123, 10134 Torino TO, Italy.
What is the surface of the Nitto ATP Finals?
The surface of the Nitto ATP Finals is hard. This tournament is played indoors at the Pala Alpitour in Turin, Italy.
When is the Nitto ATP Finals?
The Nitto ATP Finals 2023 will be played from 12–19 November 2023.
Who won the Nitto ATP Finals 2022?
- Men’s singles: Novak Djokovic
- Men’s doubles: Rajeev Ram, Joe Salisbury
What is the Nitto ATP Finals?
The Nitto ATP Finals is a prestigious tennis tournament that marks the end of the annual ATP Tour season. It features the year’s top eight qualified singles players and doubles teams, based on their performance throughout the season.